Download as pdf or txt
Download as pdf or txt
You are on page 1of 21

INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

INVESTING CARDANO
JUST LIKES PLAYING A
MULTIPLAYER ONLINE
GAME

By Kelvin Trinh

1
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

Contents

Preface .............................................................................. 3
Who should be the reader of this book? ...................... 5
Why invest in Cardano and not another Coin? .......... 6
Why do I need to read this book?.................................. 8
Why technical analysis? .............................................. 11
Why financial investment is a multiplayer video
game?.............................................................................. 14
Step by step we enter the game world of investing in
Cardano. ......................................................................... 16
Important points for following the tips in this book
......................................................................................... 28
End .................................................................................. 30
Key note.......................................................................... 31

2
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

Preface

Blockchain is an amazing technology.


Technology of the future. And representing
Blockchain technology in financial payment is
Bitcoin and other Alt Coins.
Five years ago Bitcoin went to $20,000 and
then dropped to $3,000, making everyone
panic. April 2021 Bitcoin once again surpassed
$20,000 and reached the $64,000 mark,
making the financial world almost explode in
terms of the return that investing in it brings.
Not to mention other Alt Coins also grew
amazingly. Cardano is a coin with such an
impressive growth rate.
I know that you bought and read this book
because you love Cardano and want to invest
in it. Me too. Must love, must be passionate
about something, then we can live with it.
However, between love, like, buy, hold and
profitable investment analysis is a completely
different matter. Are you passionate about
blockchain technology, Cardano of course, but
it would be great if you knew how to learn,
own and profit from this passion, right?
To do that, you must understand technical
analysis and master the psychology of
investing in any financial product.
Unfortunately, gaining knowledge and
experience in this field is an arduous process
and takes a lot of time and effort. I've been
there and gone through this, so I sympathize
with you and did my best to compile this book.
I have kept this book as simple as possible.
Distilled in it many years of observation and
experimentation in the market to come up

3
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

with a trading plan that I believe will help you


shorten the arduous road ahead.
I love online video games. There I have a
mission, I form a party, do the quest together
and then fight the boss and get the reward. I
find that investing in Cardano is no different
from playing games. That if you have a right
strategy, have a united team, you will
definitely win the game. And if it's a game, you
play it for fun and enjoy it.
In this book I am not promising a method
that can give you a huge profit in a very short
time. This can only be achieved through
gambling. I don't do that here. Instead I will try
to train you to see what is the right investment
analysis path that you can go and learn. At the
end of the road there may be more or less
profit, but the process you go through in this
book will help you have interesting
experiences, strengthen your connections with
friends, and above all make the most of your
life. Enjoy the fun that the game of investing in
Cardano coins can bring you.
It's a long road, you have to go at least 6
months. But then you'll find yourself a whole
new person. A person who confidently goes
with the technology of the times.
Good luck.

4
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

Who should be the reader of this


book?

This book is best for those who are new to


investing in Cardano or any other coin. Why?
Because people often say bad habits are hard to
break. The best way to get rid of it is not to
touch it for the first time. Because the
knowledge in this book has been extracted
from many different sources and from the
author's own successful experiments, it
outlines a way and a right perspective in
applying technical analysis and the art of
teamwork to win the financial investment
game. Through the book, readers will form
good habits and a right perspective from the
beginning.
However, the book is also for experienced
investors. It can serve as a reference where
experienced investors can brainstorm new
strategies that can help them get more profit in
the market. Investing is an open world and
there is not only one way to win and glory in
the market.

5
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

Why invest in Cardano and not


another Coin?

The first reason must be because you like


the name. Cardano sounds good, right?
The second reason is that when looking at
the Top 10 Coin rankings, Cardano is in 3rd
place (as of September 2021). This is clearly
not a low position but at $2.36 against
Ethereum $3,411.55 and Bitcoin $48,020.54 it
is true that Cardano's potential is huge to grow
and profit.

The third reason is that I like and trust the


founder of this Cardano coin. Charles
Hoskinson was kicked out of the Ethereum
project by Vitalik (founder of Ethereum) in
2014 due to disagreements. I do not delve
deeper into this disagreement. But I think this
situation seems similar to Steve Job.
Immediately after being fired, Charles
Hoskinson launched the Cardano project
directly competing with Ethereum with an
even clearer roadmap than Ethereum. He's
clearly more motivated than Vitalik. And when

6
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

I heard Charles Hoskinson talk on YouTube, I


thought to myself, 'This guy can do it'.

You can hear Charles share many of his


views on his personal YouTube page below:
https://www.youtube.com/c/charleshoski
nsoncrypto
You can check out Cardano's clear roadmap
on its main website below.
https://roadmap.cardano.org/en/
Or see the image below for a quick look.

7
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

Why do I need to read this book?

Because everyone who has put money into


financial investment and succeeded can surely
assure you that financial investing is one of
the hardest majors on this earth.
It's not a coincidence that websites that
exchange or buy and sell Coins or any other
financial product always have a tiny little line
(which you will never read) below their
website. Because that's reality. 95% of people
who put money in the market will fail and lose
all their money. Words can be deceiving, but
facts never fool others.
For example: https://www.fxpro.com/

“CFDs are complex instruments and come with a high risk


of losing money rapidly due to leverage. 86.32% of retail
investor accounts lose money when trading CFDs with this
provider. You should consider whether you understand how
CFDs work and whether you can afford to take the high risk
of losing your money.”

Or like Binance::
https://www.binance.com/en/terms

“By making use of binance services, you acknowledge and


agree that: (1) you are aware of the risks associated with
transactions of digital currencies and their derivatives; (2)
you shall assume all risks related to the use of binance
services and transactions of digital currencies and their
derivatives; and (3) binance shall not be liable for any such
risks or adverse outcomes.”

Why is it so difficult?

Because when participating in this game


you have to fight an enemy that you cannot

8
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

see. Those are your feelings. You read it very


well. That is yourself.
Experts all agree that in a trade, 80% is due
to emotions and only 20% is due to rational
analysis. Many traders suffer heavy losses
because, even though they know exactly what
they want to do, when the time comes to act,
they are helpless to see themselves completely
"still".
In this game, discipline and the ability to
control emotions are the keys to success.
Emotions are the leading factor leading to
failed trades.
There have been many good books written
on this subject. You can refer to the Amazon
book on the topic “Trading psychology” and
you will find hundreds of books written on
this. I don't want to repeat because this is a
very complicated topic. And to really grasp it
you have to read a lot and practice a lot.
I have gone through the reading, practice
and learning phase so I have come to the
conclusion that I must try as best as I can to
eliminate all emotional factors when entering
this market. So you will learn in this book the
best techniques to completely eliminate
emotions and maximize the discipline of your
trading.
If you are still skeptical about the impact of
emotions in trading then refer to the chart
below of emotional roller coasters in trading
and be honest with yourself about where you
have entered the market in previous
transactions.
Usually that will be the top of the roller
coaster, where you will be most greedy and
where the news is most pumped about the
bright prospects of the market and the huge

9
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

profits you can make. Okay. That's exactly


what they do: Get you in at the worst of times.
Always be on the lookout for the news. Never
read them.

10
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

Why technical analysis?

People decide to act with emotions. So 95%


of investors fail because of emotions. Any form
of analysis where you let your emotions get
involved is sure to cost you money.
Fear, greed, sublimation always exist in
any decision we make. Especially money-
related decisions. So for a long time,
professional investors have used technical
analysis as a platform to minimize the
emotional factor in all their trading.
However, in technical analysis, there will
still be subjective indicators and signs, which
are interpreted based on the reader's view of
technical indicators: patterns, support,
resistance, etc . These technical indicators are
not only numerous but also sometimes give
false signals. And there are only a few
indicators that are completely objective and
independent of anyone reading them: the
exponential moving average is a prime
example. Because they are purely arithmetic
calculations. Everyone gets the same
indicators.
Below is a list of patterns that you can
interpret from the price chart of any financial
product.

11
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

However, between reading and having the


courage, the discipline to follow the indicators
and making decisions at the pivotal moment
when the signs are aligned is emotional. And
all of this needs to be removed from the
trading process so that the investor can get his
hands on the winnings and profits.

12
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

Over the course of hundreds of trades I can


assure you that there will never be a
completely correct technical indicator that can
help you win this game. No matter how
complicated it is, humans can never always
correctly predict the future direction of the
market.
All you can do is build yourself the
simplest possible trading plan. Use 1 and only
1 technical indicator as simply as possible
without any emotional element involved.
Then do your best to stay disciplined and stick
to that trading plan until you see a profit from
it.
It is because of all this that has created the
most difficult game on this earth ever. But not
that there is no way to win it. Many people
have been able to find a way and you will too.
If you want to dig deeper into financial
investment technical analysis, you can read
more titles on Amazon on the subject. There
are hundreds of such books.
https://www.amazon.com/s?k=Technical
+Analysis&i=stripbooks-intl-
ship&ref=nb_sb_noss_2

13
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

Why financial investment is a


multiplayer video game?

In essence, financial investment is a game.


There are rules, there are players, there are
wins, there are rewards for winners and
punishments for losers. To play you must have
a plan and a strategy. You have to make a
decision for each move and take responsibility
for each of them.
The market is an extremely large
environment with each product in it being a
different beast. There are millions of such
monsters and the first thing you have to do is
choose the monster you want to hunt. Here we
choose the Cardano coin (ADA).
As a hunter, if you want to hunt, you have
to stalk your prey. Choose the best time with
the most accurate hunting probability and
then kill the prey. However, it's not always that
easy. Especially when you have to wait for that
best moment for months. And to increase the
difficulty, that best moment can come any day,
any time and it only happens once at that time.
And it is this that makes it easy for you to miss
an opportunity when it comes. It will attack
you when you least expect it.
To increase the difficulty of the hunt,
around us there are a million distractions with
focusing on this hunt: Youtube, daily work,
travel, etc . This leads us to inadvertently miss
the best moment to enter the market.
This is when we decided to hunt with
many others. Like-minded people like us.
People who also want to hunt the same prey as
we do.

14
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

In a hunt we will agree on how to hunt,


warn each other about the best moment when
it appears, can discuss new information
together. And when that moment comes, we
guide each other in a disciplined way
according to the original plan. And when we
win or lose, we will celebrate or sit together to
learn experience for the next hunt.
All of this can only be done through a team
of people. But can never be done by machine or
prompt commands. For only human beings
can share with each other the emotions and
difficulties when the sign moment appears in
the market.
Because of this, I always enjoy hunting
with my team.

15
The remaining pages contain the specific trading strategy I used to
trade Cardano. If you've enjoyed what I've shared so far and are
curious to continue to learn more, please donate 4 Cardano to the
address below and send an email to
cardanoinvestingbook@gmail.com and take a picture for me.
your transaction. I will send the entire book according to the Email
you sent.
Happy trading Cardano Investor.

DdzFFzCqrhtA4NR5A33KWdH9C1pUt1emJwLur2U2suhV
8iWsRGrf1PdLoh39DwwtZYbcrpK4HZSMEE2oEN7yoV8M
BuRMkr7H5SKfKHBU
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

Important points for following the tips


in this book

1. Never invest with borrowed money.


You will never learn how to trade or
stay successful if you are under great
financial pressure. This means don't
expect to be a successful trader if your
capital is limited, or if you are trading
with money you can't lose. The best way
to start from the first time is to spend
just $100 and follow the instructions in
this book until you are profitable and
experienced enough.
2. You should only trade with this
Cardano coin. Never trade Cardano and
then give up to trade another Coin. You
may think that you will be lucky to
choose a currency that has skyrocketed
in value, but with the current number
of coins in the thousands, your chances
of choosing such a coin are like finding
a needle in a haystack. In other markets
it is not clear, but in this Coin market all
Coins move roughly the same.
3. You can apply this method to any coin
you like. The principles are all the same.
It will definitely take 6 months to get
results.
4. 4. When there are signs of happening,
your team must call and talk to each
other. The human voice is much more
powerful than the letters in chat app. It
creates alignment and reduces the
stress of placing buy and sell orders.

28
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

5. You should not apply the above method


on time frames less than 4h (H4) in
Cardano technical charts. Can be
applied to 1 day timeframe but never to
less than 4h timeframe. If applied, it
shows that your greedy emotions are
winning because you are looking to
make a profit faster. Learn and follow
first. Once you master it, you can
experiment with other timeframes.
6. You should also not change the
properties of the EMA other than 20 and
200. As I said, these 2 indicators have
been tested extensively and are
effective. Learn and follow first. Once
you've mastered it, you can experiment
with other stats.

29
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

End

I hope you have gained valuable insight and


that this book has been a worthwhile learning
experience. I look forward to sharing my trading
and investing knowledge with you in the future.
Happy trading.

30
INVESTING CARDANO JUST LIKES PLAYING A MULTIPLAYER ONLINE GAME

Key note

Commodity Futures Trading Commission


Futures and Options trading and Coin Trading
has large potential rewards, but also large
potential risk. You must be aware of the risks and
be willing to accept them in order to invest in the
futures and options markets. Don't trade with
money you can't afford to lose. This is neither a
solicitation nor an offer to Buy/Sell futures or
options. No representation is being made that any
account will or is likely to achieve profits or
losses similar to those discussed on this book.
The past performance of any trading system or
methodology is not necessarily indicative of
future results.
CFDs are complex instruments and come with
a high risk of losing money rapidly due to leverage.
86.32% of retail investor accounts lose money
when trading CFDs with this provider. You should
consider whether you understand how CFDs work
and whether you can afford to take the high risk of
losing your money.

31

You might also like