$BTC

A super stable and simple method for trading cryptocurrencies that guarantees you profit without loss. There's a particularly simple yet reliable method that can help you grasp all the profits, but you need to ponder over it slowly. When trading cryptocurrencies, there are three things you must absolutely avoid.

The first thing is, do not buy when the price is rising; you need to learn to buy boldly when others are terrified. When others are frantically grabbing, you should take it easy. Buy during a price drop; you need to develop this habit.

The second thing is, don’t put all your funds into one trade.

The third thing is, do not operate with a full position; if you’re fully invested, you become passive. There are plenty of opportunities in the market, and if fully invested, your opportunity cost becomes high.

Now let’s talk about a few tips for short-term cryptocurrency trading:

First, don’t rush to buy when the price is high; it might go a little higher; don’t rush to sell when the price is low; it might go a little lower. Wait until the direction is clear before taking action.

Second, don’t trade during sideways movements; if you can’t do this, many people will lose money in cryptocurrency trading.

Third, look at the candlestick chart: when it's a bearish candle, try to buy; when it's a bullish candle, consider selling.

Fourth, if the price drops slowly, the rebound will also be slow; if the price drops quickly, the rebound will come with force.

Fifth, when building a position, do it in a pyramid manner; this is an old rule of value investing.

Sixth, if a cryptocurrency rises sharply or drops violently, it will definitely move sideways for a while afterward. At this time, do not sell everything at a high point, and do not buy everything at a low point. Once the sideways movement ends, there will be a trend change. If it drops from a high point, then you need to quickly liquidate your position.