A simple and stable method for trading cryptocurrencies that allows you to earn continuously. There is a very simple method for trading cryptocurrencies, but this method can almost eat away all the profits, so learn gradually. First, when trading cryptocurrencies, you should never do three things.

The first thing is to never buy in when the price is rising. Be greedy when others are fearful and be fearful when others are greedy. Make it a habit to buy when the price is falling.

The second is to never use margin trading.

The third is to never be fully invested. Being fully invested makes you very passive, and the market is never short of opportunities; the opportunity cost of being fully invested is very high.

Now let’s talk about the six rules for short-term trading.

The first rule is that after the price stabilizes at a high level, there will usually be a new high. And after stabilizing at a low level, it usually creates a new low, so wait for the direction of the trend to become clear before taking action.

The second rule is to avoid trading during sideways movements. Most people lose money in cryptocurrency trading simply because they cannot adhere to this very basic principle.

The third rule is when selecting candlestick patterns, buy when there are bearish candles, and sell when there are bullish candles.

The fourth rule is that when the decline slows down, the rebound also slows down; when the decline accelerates, the rebound will follow.

The fifth rule is to build positions using the pyramid buying method; this is the only constant in value investing.

The sixth rule is that when a cryptocurrency continues to rise or fall, it will inevitably enter a sideways movement. During this time, there’s no need to sell everything at the high or to buy everything at the low. Because after consolidation, it will inevitably face a change in trend. If the price changes downwards from a high level, you must clear your positions in time; in any case, act decisively.