There is a very foolish way to trade cryptocurrencies that nearly guarantees 100% profit.
I made over 20 million using this method!
The experience summary is below for everyone to reference and learn!
Making money from trading is actually this simple; just follow these three steps! Master them, and easily multiply your account by 10 times!
Step 1: Look at the trend first
Step 2: Find the key levels next
Step 3: Look for entry signals
Enter the market, take profit, close the position, and leave.
Isn't it simple?
Let's go into more detail below.
Step 1: Look at the trend first
The state of a market can result in three major outcomes: uptrend, sideways, or downtrend.
What do we mean by a major trend? Look at charts with timeframes of 4 hours or more,
for example, 4-hour, daily, or weekly charts (my personal habit is to look at 4 hours).
In an uptrend, go long; in a downtrend, go short; in a sideways market, do not trade.
Step 2: Find the key levels
Whether the market is going up or down, it will bounce like a bouncy ball, jumping level by level either from the bottom up or from the top down.
What we need to do is enter at the point it jumps and exit at the next landing point. How to find the precise steps becomes crucial,
which we refer to as key levels (main support and resistance levels).
Step 3: Look for signals
Generally, if you find a trend in the larger timeframe, you need to go to a smaller timeframe to find entry signals for trading.
Everyone has different trading strategies; mastering one or two is sufficient.
More importantly, be able to quickly formulate a trading strategy.
If you are also a tech enthusiast and are deeply researching technical operations in the cryptocurrency space, feel free to check out my writing account "Talking About the Financial Circle," where you will receive the latest cryptocurrency intelligence and trading tips.