The Secret of the Billionaire Winner of Cryptocurrency Trading: Collector's Edition of the Essential Guide to Cryptocurrency Trading

For novices who are just entering the cryptocurrency circle, it is crucial to master some practical cryptocurrency trading skills. The following is the essence of a cryptocurrency trading winner worth hundreds of millions.

1. Select strong currencies, and use the 60-day line + as a guide

When trading cryptocurrencies, focus on those currencies that perform strongly. If you are unsure, you might as well observe the 60-day line (i.e., the 60-day moving average). When the price of the currency is above the 60-day line, it is a good time to consider buying or adding positions; and once the price of the currency falls below the 60-day line, you should withdraw decisively. This trick is very effective in most cases.

2. Start at a low position and avoid chasing highs

When encountering currencies that have risen by more than 50% overnight, don't rush to chase highs, because doing so can easily make people panic. On the contrary, you should choose to start at a low position, so that the risk is relatively small, and the potential benefits may be greater.

3. Capture the signal before the big rise

Before the currency price rises sharply, there are usually some signals. For example, the price will fluctuate in a relatively narrow range, the amplitude may be between 10% and 20%, and the trading volume will be significantly reduced. At this time, you can slowly buy at a low level, and most of the time you can catch the rising train that is about to start.

4. Keep up with new hot spots in the market

Whenever there is a new hot spot in the market, the first few days are often very hot. This is a good time to seize the opportunity to make money. You can follow the flow of large funds and easily realize profits.

5. Stay calm during the bear market

Once you enter the bear market, you must control your hands and do not act rashly for at least half a year. When the market is not good, you must reduce operations and learn to rest. Real masters know how to rest at the right time.

6. Regularly review and adjust strategies

Look back at your trading records every week, but the focus is not on how much money you have made, but whether your trading strategy is correct. If the strategy is correct, stick to it; if the strategy is wrong, adjust it in time. In this way, after a few months, your road to currency speculation will become more and more stable.

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