How can we predict the rise and fall in the cryptocurrency market?
As an old investor who has been in the cryptocurrency space for 6 years, I would like to share my insights with you.
It's important to learn about candlestick indicators; the indicators in the cryptocurrency market are more accurate than those in the A-shares market because you can short-sell in cryptocurrencies.
If you want to make money in cryptocurrency contracts, merely being able to predict is not enough. Leverage control, position control, take profit and stop loss, and trend prediction are all essential.
It's not easy to predict altcoins, and you should avoid trading them as they are controlled by major players. For mainstream coins, the major players are more dispersed, and the prediction success rate can be around 60-70%. However, if you can't find suitable take profit and stop loss positions, it will be like doing useless work. My suggestion is to use multiple indicators, and only open positions when there are corresponding targets, which can yield a success rate of over 80%.
Last night's Ethereum trades made the fans over 300 USDT; let's keep it up!
Daily trades are yielding continuous profits. For those feeling lost in trading and wanting to recover their losses, leave a message with 111.
