#鲍威尔发言 #巨鲸动向

How to get rich in the cryptocurrency market? By learning this simplest trading method, you can easily make 5000 and earn a million afterwards.

1. Divide your capital into 5 parts, and only invest one-fifth each time! Control a 10% stop-loss; if you make a mistake once, you only lose 2% of your total capital, and if you make mistakes 5 times, you only lose 10% of your total capital. If you are right, set a take-profit of over 10%. Do you think you will still get trapped?

2. How to improve the win rate again? Simply put, follow the trend! In a downtrend, every rebound is a trap to attract buyers, while in an uptrend, every dip creates a golden opportunity! Do you think it's easier to make money by buying the dip or by catching the bottom?

3. Do not touch coins that have surged sharply in the short term, whether mainstream or altcoins. Very few coins can go through several waves of major rises. The logic is that after a short-term surge, it is difficult to continue rising. When prices stagnate at high levels and can’t be pulled up later, they will naturally fall. It's a simple truth, yet many still want to take a gamble. #Binance Alpha new listing

4. You can use MACD to determine entry and exit points. If the DIF line and DEA cross above the 0-axis, it is a stable entry signal. When MACD forms a dead cross above the 0-axis and starts to move downward, it can be seen as a signal to reduce positions.

5. I don't know who invented the term 'averaging down', but many retail investors have fallen into this trap and suffered great losses! Many people keep averaging down as they lose, leading to even greater losses. This is the biggest taboo in cryptocurrency trading, putting yourself in a dead end. Remember, never average down when you are at a loss; instead, increase your position when you are in profit. #WYST stablecoin

6. Volume and price indicators are essential. Trading volume is the soul of the cryptocurrency market. Pay attention to breakout volume when prices are at low levels.

7. Only trade coins that are in an uptrend, as this maximizes your chances and saves time. If the 3-day moving average turns up, it indicates a short-term rise; if the 30-day moving average turns up, it indicates a medium-term rise; if the 84-day moving average turns up, it indicates a major upward trend; if the 120-day moving average turns up, it indicates a long-term rise.

8. Persistently review each trade, check if your holdings have changed, analyze if the weekly candlestick pattern aligns with your judgment, and whether the trend has changed, adjusting your trading strategy promptly.

Remember, staying alive is more important than short-term profits. Use funds you can afford to lose, and seize 2-3 bull market opportunities over a 3-5 year cycle to achieve steady wealth.

Opportunities always exist in the market, but losing your principal means exiting.