13 years in the cryptocurrency world: a few thoughts, eight rules for doubling your capital, easy to master for beginners, a must-read for the experienced!
Spent 2 years waiting, tested through personal experience, faced failures, now stable for half a year, this month is nearing completion, specific income is shown below in the picture
I will help everyone I can! I recommend liking and saving this so you don’t lose it later.
1. Don't miss the morning market
Morning drop? Don't panic, it's the 'golden hour' for 'cheap purchases'; a sharp morning drop is not a good sign!
Morning growth? Don't be greedy; it's a good opportunity to secure profits. High prices - sell, then buy back!
In morning trading, most assets have no trend; remember, you shouldn't blindly chase growth or decline!
2. Don't act impulsively during lunch
A lunch sharp rise is often an illusion; entering may lead to losses.
During a lunch sharp drop, don't panic, observe and wait for an opportunity.
3. Don't panic during a drop
Morning drop, don't rush to sell; fluctuations are normal.
If the market is stable, don't act chaotically; wait for an opportunity.
4. The rules of three lines
Don't sell until you reach the target price; fearing 'earning less' is losing;
Don't buy until you reach the psychological price; be careful not to buy halfway;
During sideways movement, there's the most confusion; it's better to observe than to act thoughtlessly.
5. Buy on the drop, sell on the rise
A fall on the candles is a signal for a profitable purchase;
An increase on the candles is a good opportunity for selling.
6. Don't follow the crowd, act contrary!
If everyone is buying, you should calm down;
If everyone is panicking and selling, maybe you should enter the market.
7. Sideways movement is a test
Prolonged inactivity is the hardest; don't panic, wait for clarity of direction before acting.
8. Catch the last surge
Sudden growth after prolonged sideways movement?
This is probably the final wave of growth, sell quickly, otherwise the profit will disappear!
In conclusion: trading cryptocurrencies does not rely on luck, but on understanding. Penetrate the cycles, keep the rhythm, don't be afraid of smaller profits, but fear greed!
The last word for you:
Trading cryptocurrencies is not a gamble; treat it like a job, work on a schedule, turn off on time, eat, sleep, and you'll find that - on the contrary, earning will be more stable
