There is a very foolish method for trading cryptocurrencies that almost guarantees 100% profit. I made over 20 million using this method!
Six survival rules for short-term cryptocurrency trading:
1. Wait until the trend is clear before taking action
- After a high-level consolidation, it is easy to reach a new high; after a low-level consolidation, it is highly likely to reach a new low.
- Don't rush to trade blindly during the consolidation phase; wait until the price breaks through key levels before acting.
2. Don't force trades in a choppy market
Most people lose money because they always want to find opportunities during consolidation. Remember: consolidation means the market is "holding back a big move"; rather than being a victim in it, it's better to wait for the trend to clarify. #交易故事
3. Interpret candlestick patterns in reverse
- See a large bearish candlestick close (bear market candlestick)? It might be a buying signal. #BTC重返10万
- See a large bullish candlestick close (bull market candlestick)? Consider taking profits first. #山寨季何时到来？
(In simple terms: don’t panic when a bearish candlestick closes, don’t be greedy when a bullish candlestick closes)
4. Avoid touching rebounds in a downtrend
When the market is in a downtrend, rebounds are often just a "flash in the pan" and can accelerate the decline. Instead of buying at high positions, it’s better to wait until the trend completely deteriorates before acting.
5. Build positions in batches, pyramid strategy
Don’t buy all at once; buy more when prices are lower, and less when prices rise. For example:
- Buy 10% the first time, buy 20% after a 5% drop, buy more after further drops...
This way, you can lower your average cost and avoid making a wrong bet all at once.
6. Clear out positions in a timely manner when the trend reaches its peak
Whether it’s rising or falling, when the price has sustained to an extreme, it will inevitably enter a consolidation phase. At this point: $BTC
- Don’t cling to high positions: sell when the price rises too much; don’t wait for a correction and regret it later.
- Don’t rush in low positions: wait for confirmation of a trend reversal before buying; don’t be fooled by short-term fluctuations. $ETH
If the price starts to decline wave by wave from a high point, clear out your positions quickly — the trend may be about to change! $XRP
If you are also a technical enthusiast, deeply researching technical operations in the cryptocurrency space, feel free to check out my article on the public account "Sunny Days in the Crypto Circle" where you can get the latest information and trading techniques in the cryptocurrency market.
