Sharing the secret experience of earning 40 million in two years after four years in the cryptocurrency circle
I have been working in the cryptocurrency circle for four years and have earned 40 million. Today I will share some of my hard-earned experience. I hope it will be helpful to everyone.
A sharp drop is the touchstone of high-quality coins 📉
If the market plummets, and your coin only drops slightly or even does not drop, it is obvious that the dealer is protecting the market. This kind of coin is definitely worth holding, and there will be great gains in the future.
How do novices buy and sell? 📈
If you are a novice and don’t know when to buy and sell, the simplest way is: short-term look at the 5-day line, hold it online, and sell it when it breaks the line; medium-term look at the 20-day line, hold the coin online, and sell it when it breaks the line.
Judgment of the main rising wave 🚀
When the main rising wave is formed and there is no obvious increase in volume, intervene decisively. Hold the coin when the volume rises, and hold the coin when the volume falls and the trend is not broken, but once the volume falls and breaks the trend, reduce the position quickly.
Opportunity for oversold rebound 📈
If a coin falls 50% from its high and falls for 8 consecutive days, it has entered the oversold channel, and the oversold rebound is imminent. You can follow up at this time.
Coin speculation must be the leader 🐉
Coin speculation must be the leader, only the leader, not the miscellaneous hair. Because when it rises, the leader coin rises the most violently, and when it falls, it is the most resistant to fall. Don't buy because it falls a lot, and don't not buy because it rises a lot. The less you dare to buy, the more it rises, and the more you dare to buy, the more it falls. The strong will always be strong. The most important thing for short-term speculation of leaders is to buy high and sell higher!
Don't be blinded by profits 💸
You know, the most difficult thing in the world is how to make continuous profits. You must review the market seriously. Is it luck or strength? A stable trading system that suits you is the kingly way to make continuous profits.
Don't trade for the sake of trading 🚫
Don't force a position when you are not sure enough that this transaction can make a profit. Shorting is a science. Those who know how to buy are apprentices, those who know how to sell are masters, and those who know how to short are the ancestors. The first thing to consider in trading is not profit, but capital preservation. What matters in trading is not frequency but success rate!