Methods to Ensure Profits in Cryptocurrency Trading, Achieve A8 in Three Days
1. Focus on Strong Cryptocurrencies: When trading cryptocurrencies, pay attention to those that are strong. If you're unsure, you can refer to the 60-day moving average; buy when the line is above and withdraw when it's below. In most cases, this strategy is quite flexible.
2. Avoid Chasing Highs Instantly: If the price of a cryptocurrency rises more than 50%, don’t rush to chase it; this can easily cause panic. Buying at lower levels is a safer choice, reducing risk and potentially increasing profits.
3. Pay Attention to Warning Signals: A significant rise usually has warning signs, such as the price fluctuating within a small range beforehand, with a rise and fall of 10% to 20%, while the trading volume gradually decreases. Recently buying at a low level often allows you to catch the upward trend.
4. Seize Market Trends: When a new market trend emerges, it will definitely be booming in the first few days. Seize this opportunity by tracking the flow of large funds, making profit becomes easier.
5. Maintain a Stable Mindset in a Bear Market: In a bear market, learn to control your hands, and ideally, refrain from making moves for at least six months. When the market is not good, reduce operations and keep calm; this is the mark of a true expert.
6. Weekly Strategy Review: Every week, compare yourself with real opponents, not considering whether you're making money or if the strategy is correct. If the strategy is correct, stick with it; if wrong, make adjustments. After a few months, your trading methods will gradually stabilize.
