TIP for Bitcoin speculation according to cycles during the year

TIP for Bitcoin speculation according to cycles during the year



To be a professional Speculator, be like a diligent and intelligent farmer:
Always prepare yourself in a good state of mind: first, make the soil loose and fertile by plowing, removing alum, applying fertilizer, etc. But for investing or speculating, first of all, prepare to have financial capital. healthy, have a stable net income, this is the most important thing.

Basically, if the land is dry, no matter what you sow in it, it will be very difficult to germinate, and there will be no results. Similarly, if you use your family's living expenses or borrow money to invest, your psychology can easily be shaken, because you still worry about food, clothing, and fear of the day you will repay the debt and go bankrupt, even if you can buy at the bottom. How can you force your words, and it's easy to develop a zero-sum mentality, which is no different than digging your own grave.

Knowing how to choose varieties to plant is like choosing the right project to invest in, choosing the coin to buy, this is the deciding factor in whether this season has a good harvest or a poor one.
Many people follow the bet even though they have made a profit but are never confident, not knowing whether to take profit or DCA to increase the price. Why is that, because they lack knowledge and are not capable of making money in the market, and do not have enough data? The past is there to verify, so you don't believe in yourself. If you don't believe in your own abilities, who can trust you?

So how to solve this problem, the only way is to work hard and seriously learn, develop your research skills, upgrade yourself every day. Slowly experience, then get results, that's the truth. It's a small achievement but will motivate you to increase your confidence.
Choosing the time to plant and harvest, no one will be sure that this season will have a good harvest. Natural disasters, storms and floods can occur, and crop failures are normal. But no farmer gives up planting. If you don't sow seeds, you will 100% certainly have no fruit.
Like Entering orders and Exiting orders (can take profits or cut losses), no one can guarantee what will happen, so be prepared for all scenarios.
Second, you must know how to be patient to be a wise person. Everything takes time, there is no tree that plants seeds today and will bear fruit tomorrow (if you can only inject stimulants, eating this type will kill you quickly and quickly like futures).
Farmers plant rice and harvest it in about 3 months, but actually only work 15 days, 80% of the time is waiting, waiting for the seeds to sprout, flower, and then the rice is ripe before harvesting.
Traders too should do less and wait patiently. To harvest at the right time, one must have experience, and no one can have experience, only those who experience it themselves can understand. I think all the skills that need to be learned to trade successfully are "Taking profits and knowing enough".
Everyone wants to buy the bottom, lock in the top, just bought 20k BTC, then every day they look at the chart waiting for 60k to close, but it just hits 21k and then runs away quickly, or when it goes back to 18k it hits the bottom again, that's because I don't understand the rules of market movement.
Wanting to be fast is not possible because everything needs to follow the laws of quantity and quality. If Market Maker has not collected enough goods and has not exhausted all its weak hands, how can it pump strongly?
Discharging goods => Consolidating goods => Hanging goods => Pumping => Distribution => Letting go => Can be collected or not (making a new project).

To determine the location and time, we will rely on past probability statistical methods to help you apply in the simplest and most effective way.

Theory: Every time BTC price drops 30-40% from the most recent peak, there will be a 20-30% recovery wave and Altcoin will recover 50-100%, each year there will be at least 3 such waves. Concentrating 3 waves is enough.

Practice:
Step 1: catch the bottom after BTC drops approximately 30%
Step 2: Take profits from BTC and buy Altcoin (legit project, good research ability) at BTC sideway in Alt/BTC pair for about 4-6 weeks
Step 3: withdraw Stablecoin => wait for the next similar batch

Statistical:
From 2017 to 2022, on average, there will be 3-4 waves of BTC decreasing by 25-40%, there will be 1-2 waves of flash dump => wiping out the long-short margin leverage => then recovering quickly or growing
Position: BTC down 25-40% from recent peak (there is a daily or weekly zone zone that is best)
FATHER
Three waves focus on the phase
Spring is the season when flowers bloom: March-April: Decrease before March and April to take profits
Summer is the growing season June-August: Reduce May-July, July-August take profit
Autumn and winter is the harvest season, September-November: Decrease in September, October-November to take profit (strong growth, take profit at the end of the year before Christmas)
Timing: from 20 days to 45 days: average 4 weeks from bottom to bottom then continuing to collapse or adjust => depending on whether the wave flashes, or creeps up slowly.
First, BTC usually recovers quickly first, then goes sideways for a period where Altcoin has the strength to grow.

Explain why this is so:
For traditional businesses, the months of April, July, and October are often the times when companies issue financial reports for the first, second, and third quarters => Most people only need to do business for the first 2 months to know the results in advance. how positive it is, so when the market collapses, those with internal information will go in and collect goods, then wait for the release of good financial report news to release => This is a short-term rule Applicable to companies with fundamental growth.

Stock market theory is that Price will correlate in the same direction with Earning. E is the growth driver for P, and P will run ahead of expectations after announcing E. I will use the example of Amazon shares so everyone can easily imagine. Every time before the announcement of E, P (price) grew strongly and sold out

=> So wait for the market to collapse before going out on the news to buy, but not everyone buys, you need to be able to read and understand financial statements, forecast revenue and profit of each stock to buy. money.
For crypto, it will also be a cash flow, currently BTC is moving quite similarly to the stocks of American technology companies => leading to a similar cyclical nature => crypto projects will look at the price BTC releases news if it sees a good market, starts releasing news about partners abc, xyz, large exchange lists, then launches new products, ecosystem stimulation packages or something (these projects also watch for strong BTC dumps to Collect goods, just wait for the winter wind to pump)

Similar to Bitcoin's 4-year growth cycle through Halving, why did Halving BTC price increase? Because Price (BTC mining profit) > Cost (Mining cost), if the price does not increase, miners will not be able to sell, if there is no profit, there will no longer be a community to support, so no one will run a node or mine coins anymore. , why is the Poor of work algorithm used, so until now every time there is a BTC price has grown strongly, but the future is unknown (when the costs are greater than the profits, it is unknown what will happen). If that happens, maybe BTC will be a big scam in human history, but it helps me make money first, when the time comes, it's better.

Another important thing: why trade according to seasons, every year there are 3 seasons. Why only 3, no more, no less, I met many new guys entering the market with a target of 20-30%/month, that's terrible, but whether there are waves for you to play is important, 1 is that you create create waves, 2 is you swim with the waves, the first thing is definitely impossible (because if you can create waves in the market, it will be very difficult to read this article of mine :> ).

Your job is to analyze carefully, sharpen your sword, and then swing your sword to conquer the country. The most important thing is how much profit you earn each year.
=> And you should be careful to understand which investment you choose, the more you know, the better to analyze DXY, NDX, DJ, XAU, Bonds, Interest Rates, Commodities, etc. Knowing is one thing to make money is another.
It's better to specialize in one thing, just being good at one thing is enough to make money. Don't try to explain that one thing increases because another thing decreases, simply explain that it moves simultaneously and in opposite directions, in the same direction (not the cause), if you're good enough, just focusing on one thing is enough.

Profit and risk analysis:
Expected rate of return: 20-70% per wave
Risk: when BTC has decreased by 30% the risk is only about 15-30% if a flash dump occurs
Expected rate of return: 3 waves per year from 50-150%/year (both uptrend and downtrend can be used)
Risk: -30%-0% (The most tragic thing happens in times of crisis like 2008, if you can't find the bottom then you will go negative, at best you will break even)
=> The ratio of 1 capital for 4 profits is stable. If using derivatives, margin, only play 2-3X (how to liquidate price >30%) to avoid flash_dump

The method I share is aimed at 99.69% of people who can apply it, explain it in detail and simplify it as much as possible, using statistics and probability, not just guessing or guessing. prayer, it is important to help everyone prosper.
As for me, I also thought about sharing some trading tips, but it will not be applicable to the majority. According to Binance statistics, 99.2% of traders lose money and are liquidated when trading Futures (if you do not understand the trading area). liquidity, liquidation price, very difficult to earn money).
I sincerely advise you to stay away from margin and futures because they are not the way to get rich but only make your life and your family's life more miserable.
If you want to make money from leverage trading, be serious and practice for at least 10,000 hours continuously (3-4 years), sweat on the training ground, and less blood on the battlefield. When looking at the total PnL after 1 year of consistent profit, then you should participate professionally, hoping to one day fall to 0.1% (Can sit on the same tray with floor owners like CZ, Sam curly, or Elon Musk :v). Don't become a gambler, but try to become a casino owner.

This TIP is also simple, you can call it SEASONAL GOM BTC DUMP TIP, not just buying whenever you see a discount, you need to choose a reasonable price range, a reasonable time is not a formula. permanent. But buying when there has been a sharp decline is very difficult to lose. I'm not just telling you to play Breakout, because it's simply used in the Uptrend, this is not the right time, now it will be very easy to get caught in TRAP (bulltrap), so you guys Just be careful, it's not easy to eat!

My TIP method is basic, but it really takes time, brainpower, and a lot of tuition money to figure it out.
Be professional investors and speculators with wisdom to help yourself, your family and society.

How do you rate this article?

27


Cryto.vn
Cryto.vn

Share knowledge about investing


Knowledge and experience in crypto investment
Knowledge and experience in crypto investment

Share useful information for investing

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.