Cryptocurrency Trading Survival Guide: These 6 Life-Saving Rules Written with Blood and Tears
Remember these to reduce your losses by 70%:
1. Only trade leading coins! If you don’t know how to read charts, just focus on the 60-day moving average; hold during uptrends and clear out during downtrends. This tactic can help you avoid 80% of crashes.
2. Avoid coins that have surged 50%! Whoever chases will suffer; instead, patiently wait for low-priced coins, reducing risk and doubling profits.
3. There’s always a prelude before a surge! Price fluctuates back and forth + trading volume suddenly shrinks; at this point, build your position in batches at support levels and confidently ride the main upward wave.
4. Go all in during the first three days of a new concept! Large funds are competing to buy; follow the hot trends and earn effortlessly.
5. Hold back during a bear market! At least stay away from the app for six months; the more you trade during a bad market, the worse your losses.
6. Review weekly without counting profits! Focus on checking if your strategy is correct: Are your buy points accurate? Is your stop-loss strict enough? Stick to it for three months and even novices can become experts.
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