If you always lose money when you trade in cryptocurrencies, don't worry. I have two super strategies that can help you turn things around. The second one, in particular, is simply a little expert in making money. It is especially suitable for friends who have just entered the market and have less than 100,000 yuan in funds. Mastering these two methods will keep you close to financial freedom.
I used to be like everyone else, always losing money when trading in cryptocurrencies, but since I got some advice from masters, my luck has started to improve. In just a few years, my assets have gone from negative to eight figures, and I have become a rising star in the hot money circle. Now, many big guys are watching my operations to see how I judge the market trend.
The first strategy is to catch the bottom rebound. When a currency has been hovering at the bottom for a long time, suddenly one day the trading volume soars five times, and a big positive line appears. At this time, you have to pay attention, because this may be a signal of a rebound or even a reversal. But don't worry, you have to observe the trading volume for a few days. As long as the trading volume has not been reduced by half, or is still expanding, don't hesitate, get on board quickly. Because this means that the main funds have entered the market, they will not withdraw easily, so you can safely wait for the price to go up before selling.
The second strategy is to catch the shrinking volume wash in the upward trend. When a currency starts to rise, it usually rises slowly first to attract popularity, and then surges to sell. But between the slow rise and the surge, there is usually a shrinking volume wash process. The main funds will get rid of the retail investors who follow the trend at this time to avoid being smashed when the surge comes later. So, when you see signs of a sharp rise again after the shrinking volume wash, such as opening high and going high, then buy it quickly and wait for the main rising wave to come.
These two strategies are really easy to use, especially the second one. As long as you can catch it once, your account can easily get an extra 50% of profit. Therefore, I hope that everyone must remember these two methods when speculating in coins, strive to find their own bull stocks, and achieve financial freedom.
As a senior coin investor, I share my experience and insights for free. Are you interested in the coin circle but don’t know where to start? Follow me and watch me cook leaves to take you to achieve freedom in this bull market.