Are you also fed up?
Watching others earn your annual salary in the crypto world in just one day
While you are still struggling with whether to take profits from a 5% increase…
Today, I will reveal a set of highly profitable strategies used by top players!!!
Some have turned a capital of 5000 yuan into seven figures, while others have gone to zero due to a single mistake…
The key is—are you willing to use the right methods?
These eight iron rules must be reviewed before entering the market each day, allowing me to survive round after round of major declines.
1. At the time of entry, do not only look at the cryptocurrency K-line trend, especially for short-term trading, you also need to look at the 30-minute K-line. At the same time, the overall market must stabilize and resonate at this moment before entering. For example, sometimes you see a K-line with a long upper shadow and feel there’s no opportunity, but the next day it shoots up significantly or even hits the limit-up. In fact, if you look at the 30-minute K-line, you will see the subtlety.
2. If the trend and order are not right, taking one more look is making a mistake. You must follow the trend, and the order of rising must not be disrupted.
3. If there are no hot spots or potential hot spots for short-term trading, it’s better not to trade at all.
4. Give up all impulsive entries. Trade according to your plan, and plan your trades.
5. Any person's views or opinions are merely references; you should have your own thoughtful consideration and serious analysis.
6. First lock in the direction, then select the right coins. If the direction is right, the effort will be halved; if the direction is wrong, the effort will be doubled.
7. Intervene in the coins that are currently rising. Trying to guess the bottom is a big taboo; you always feel like a rebound is imminent, and then there’s an ultimate shakeout. Stock prices always move towards areas of low resistance; by intervening in the coins that are currently rising, you are choosing a direction with less resistance.
8. After a big profit or a big loss, you should close your position to reevaluate the market and yourself. Clarify the reasons for the big profit or big loss, and then it’s not too late to act.
In my many years of trading cryptocurrencies, I have found that after a big profit or loss, closing the position has a probability of being correct over 90%.
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