Trading cryptocurrencies is not about luck, it's about vision! Want to turn a small amount of money into profits during a bull market? These 10 pieces of advice can save you, the 8th one has trapped 90% of people!
If you have money, don’t gamble recklessly; staying in cash is what a pro does.
With a capital of 20,000, capturing a few waves of mainstream coins with a 40% increase is enough to get rich. The most dangerous thing in a bull market is greed; those who are fully invested and trapped are fools. Those who dare to stay in cash and wait for opportunities are the real tough ones!
First, learn how not to lose money, then think about making money.
Don’t believe "this time it’s different!" The most deceptive phrase in the crypto world is this one. First, try with a small amount to test the waters; stabilize your mindset before spending real money. A loss in real trading might directly lead to leaving the market!
Be cautious when selling after good news.
When the price of a coin surges followed by good news, the next day it often opens high, trapping people. The market makers are better at calculations than you; you need to run fast at this moment!
Remember to clear your positions before holidays.
Five years of data speak for themselves; in the week before holidays, there are more declines than increases. If it’s time to reduce positions, then do it; don’t go against the market!
Long-term investments must leave cash available.
Don’t go all in at once! Buying and selling in batches is the way to go; having cash on hand allows you to pick up bargains during a market crash.
For short-term trading, watch these two indicators.
A sudden surge in trading volume + price breaking through resistance, that’s when you should charge! Never act when the market is consolidating with low volume.
A sharp decline might be an opportunity.
A slow and steady decline is the scariest; a sudden sharp drop might actually signal a bottom, so act quickly to buy the dip!
Holding on in hopes of breaking even is the worst trap (this is the most crucial point!).
Many people lose 50% and still fantasize about breaking even; in fact, you need to double your investment to recover! Cut losses when necessary, as long as you stay in the game!
Look at the 15-minute chart for buy and sell signals.
Use the 15-minute candlestick chart to find golden crosses and dead crosses, combined with trading volume. This is suitable for lazy people who don’t have time to monitor the market.
Mastering three techniques is enough.
There are so many technical indicators, but only one or two actually make money. Master these three techniques, and it’s better than anything else!
Why do some people turn 200,000 into 1 million in three months? It’s not because their skills are incredible; it’s about managing positions! Go to cash when necessary, and invest heavily when it’s time. The hardest thing in the crypto world isn’t the market, it’s that you keep thinking about breaking even, which leads to even greater losses!
Use precise strategy analysis, with large investments and AI big data carefully selected, to keep yourself invincible! The market never lacks opportunities; the question is whether you can seize them. By following experienced and reliable people, we can earn more! As the saying goes, follow the wolves to eat meat, follow the dogs to eat dung, keep up the speed!
Focus today: OM SUI SOL FUN BTC
