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I heard some news tonight that made me very happy.
A friend from the crypto circle whom I've known for many years has turned a loss of several hundred thousand into a profit of over 800,000 now.
I specifically asked her how she did it.
She said that the so-called strategies and ideas are actually quite similar. We all understand the reasoning, but many times we fail to align knowledge with action.
Her principal is not much, and the reason for making money is to improve the yield.
I have briefly summarized her logic and strategy:
1⃣ Focus on reducing the buying targets, she only swings BTC this year.
2⃣Abandon the past mistakes of being trapped and reclaim the principal. Clear the previous positions in altcoins during each major market uptrend.
3⃣ Dare to take action, buy when the time is right. In April, when BTC dropped below 80,000, she went all in.
These concepts sound simple, but it is because she has implemented them rigorously, and after half a year, the returns have been quite good.
It also indirectly proves that although the cryptocurrency market is difficult to navigate this year, it is still possible to make money; the key is to find a method that suits you.
Hearing that my friend made money really makes me happy for her. She also shared her skills with everyone, wishing everyone to make big profits in the market.