Trading cryptocurrencies for eight years, starting from 30,000 to now over 20 million. I rely on a 50% position to steadily make progress, with monthly returns soaring to 70%. I've passed this unique secret to my apprentice, who doubled his investment in just three months. Today, I'm in a good mood, so I’ll share these treasures with you all. Make sure to keep them safe!
Do not enter six, do not let go of four:
Do not enter six:
1. Don't touch coins that have been continuously dropping and haven't stabilized at the 60-day moving average. Follow the trend; for coins that keep dropping, let's wait and see when they turn around before making a decision.
2. Don't buy coins that have risen and then received good news. Good news often signals a selling opportunity, and for coins that have already risen, the main players might be planning to take profits. If a coin has surged too quickly and is far from the 5-day moving average, don’t chase it. Coins that rise too quickly carry a high risk, and chasing highs can lead to being stuck.
4. Don't take risks with coins that suddenly jump high at a high position. High jumps at elevated positions carry significant risks; it could mean the main players are quietly offloading.
5. Avoid coins with a turnover rate exceeding 30%. A turnover rate that is too high indicates intense battles between bulls and bears; let's steer clear of this volatile market.
6. Don’t be fooled by coins that are holding up despite a poor overall environment. If the market is struggling but a coin is still being propped up, it’s likely an illusion.
Do not let go of four:
1. Hold onto coins with an RSI between 50 and 80. An RSI in the higher middle range indicates that the coin still has strength, and holding on can earn more. Don’t rush to sell coins that have jumped from a low position. A gap up indicates strong bullish momentum; let's see if it can continue to rise.
3. Hold tightly to coins trending upwards. Follow the trend; coins in an upward trend will earn more the longer you hold them.
4. Don't easily sell coins where the chips are concentrated in one place. When chips are gathered together, the main players may still want to push the price higher; waiting for a peak before selling isn't too late.
Cryptocurrency trading insights: Trading cryptocurrencies must follow rules, and cannot be based on feelings. Understanding trends is much more reliable than guessing!
Daily focus: ETHFI VOXEL SSYRUP