First step
- Learn about high-frequency, intraday, short-term, spot, contract, leverage, and options trading.
- Learn the basics of chain analysis, such as playing with Bitcoin whales data, ETH transactional volume, and DeFi, NFT, and MEME.
- Learn the price difference of crypto assets across multiple platforms and find the potential arbitrage opportunities.
In the first stage, focus on learning and optimizing your strategy to accumulate more wealth.
Second Step
- Pay more attention to longer trends and try to invest for longer periods.
- Learn about the cyclical rotation of bear and bull and pay more attention to the actual rhythm of the market.
- Convert your fiat currencies and put them into stablecoins. Make sure to only use those funds that are not required for immediate expenses.
Third Step
- The average price of the coin reflected the fundamentals, policies, news, and supply and demand.
- Every crypto market has only three trends: primary trends, necessary trends, and short-term trends.
- The main trend is always longer, and the bull and bear has no beginning and no end.
- The secondary trend is always the wave in the tide, and these fluctuations are highly uncertain and change rapidly.
Fourth Step
- Do not believe in your luck.
- If you win, it’s not a success, and if you lose, it’s not your failure. Daily improve your strategy and earn more and more.
- Only controlling greed and fear is required for trading.
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