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🔹 How is th
Merry Christmas to you all, here's a tree 🤠
You see a Christmas tree🎄I think it's a money tree💰
From childhood to adulthood, we receive education in various aspects, but the most crucial skill of making money is often not taught. As a result, most people study hard for decades, only to end up struggling for a few pieces of silver in the end.
The current cryptocurrency circle is still a relatively easy place to make money, but it is also a place with many pitfalls. In the upcoming 2025 bull market, we will indeed usher in many opportunities to get rich, each with its own unique magic, but each opportunity also carries great risks.
For ordinary players, the key is to think clearly about which one to do, and it is really easy to make a little money if you do it carefully, but in the end you still cannot get rich, often those who want to do all kinds of things.
In a bull market, many people only seek to learn and improve their understanding after losing money. In fact, these are things that should mostly be done in a bear market.
Cognition is a way, operation is a method. Even if you have the ability to improve your knowledge, you must also learn the method of practice. Let's take a simple example. Recently, I had a chat with two young people who also trade spot. They have enough investment cognition and a stable mentality, but they are always confused about the short-term and long-term chips in their accounts, and they can't clarify the cost and profit of long and short positions. They are often forced to turn short-term into long-term, and long-term into short-term inexplicably, and they have always been doing a poor job of maximizing profits.
I thought about it and had the following conversation.
Question: Have you played contracts?
Answer: No, absolutely dare not touch it. I heard that it's harmful.
Question: So you haven't been to the contract interface to take a look, right?
Answer: No, I have never been to see it.
Have you ever explored the interfaces of wealth management accounts, innovation zone, copy trading, and trading bots?
Answer: No, I find it very complicated.
Have you ever heard of sub-accounts?
A: No, what is that?
Question: Have you experienced other JYS interfaces?
Answer: No, only gate.
After a few questions, I roughly understand what kind of money these two children are suitable for earning and I can also guess how much they can earn in this circle. If it were you, would you understand the above questions?
I believe that most of the friends who pay attention to my updates are mainly engaged in spot trading, with 60% being passive hodlers and 40% being newcomers to the industry. However, in spot trading, there are also hodlers who hold coins for the long term, crossing both bull and bear markets, as well as short-term or ultra-short-term players, and meme coin enthusiasts, etc. Each category of players actually requires different tools.
For example, for the Hodlers with a large amount of funds, it is indeed necessary to equip with a cold wallet and VPN. For those who play both medium and long term as well as short term, it is actually best to understand how to open a master account and sub-account.
For example, in the case of the two children mentioned above, even if they buy the same currency, using ADA as an example, assuming they bought it at a low price range of 0.3-0.4, you can buy it and transfer it to a sub-account, then arrange for staking mining or invest in a flexible account. When the time and price are right next year, you can sell and exit. If you replenish during the 0.7-0.8 stages but feel that you can make a short-term wave around 1.3, then you can keep these coins in the main account for clear and concise operations.
From what I know, 80% of experienced investors in a bull market allocate 10%-20% of their positions for short-term trading and 80% for long-term positions. It wasn't until I talked to them that I realized many people don't know about this method. They only use one account for trading and can't differentiate between the displayed cost price and diluted cost price in the software. This is not ideal when facing market fluctuations and making trading strategies or dealing with psychological perceptions of price movements.
More powerful advanced spot players can also open a sub-account in a relatively reasonable price range, such as this second bottoming withdrawal, to trade short-term 10% spot positions and 3-5 times leveraged long contract positions. For example, for ADA in the range of 0.7-0.8, as long as you determine that the market is likely to continue to rise and set a stop loss, any position is a good entry point. If you operate like this, your profit will be further optimized.
The spot market is vast, and the trading methods are endless. Spot trading is not simply about buying and selling. The above are just simple examples, which may already open many people's eyes. Instead of being obsessed with consulting whether a certain coin is good or not and constantly seeking wealth secrets in the comments section of various dynamic gurus, it's better to spend more time studying and accumulating knowledge. Even if you make a mistake, as long as you understand it and reflect on it, there will be gains. It's important to find a method that suits you, and it's even more important to learn the ability to solve problems on your own.
In the digital age, we have lost the sense of cash as banknotes have become numbers and wealth has become U. It’s difficult to control your intuitive sense of money. You may live frugally in daily life, but when you enter the cryptocurrency circle, you may spend money without restraint. This is the psychological state that many exchanges hope to create, making you feel that money is easy to earn and that there are opportunities every day.
Is this really the case? Why do so many young people in the real society fall into financial crisis, probably because of credit cards and small online loans. It's easy to get money with a simple tap, and it's easy to buy with a simple click. No matter Douyin/WeChat or Pinduoduo and other popular apps, they all unknowingly trap you into consumer traps. The money is gone in an instant. But you also know that it's really difficult to earn a little money now, and it's even harder to earn so-called big money.
The cryptocurrency market operates 24/7, 365 days a year, with plenty of opportunities to make a fortune. Therefore, it is not a bad idea to study it carefully before getting involved. There are also places in the world that are similar to our circle. If you have been to Macau, as long as you think carefully, you will understand why it has such a layout, such lighting, such temperature, such fragrance, such background music, and such game rules...
The ways of trading are endless. If you only rely on a mobile phone for spot trading without any other auxiliary devices, your probability of losing money exceeds 80%. If you can try all the interfaces and buttons of gate, understand the principles, the probability of making money should also surpass 80% of the market. Ponder on these words carefully.
It's late at night and I'm a bit tired today, so let's call it a day. This may be a special Christmas gift I can give to everyone. Merry Christmas again and best wishes to you and your family. 🎁
The bull is still there, just continue to oscillate, don't worry, see you tomorrow👋🏻 #“圣诞老人行情”再现,涨势将会持续吗?# #圣诞狂欢季,加密市场年终猜测#