The 10 Dumbest Yet Steadiest Rules for Cryptocurrency Trading in the Market 📈
I used to be the "dumbest" person in the crypto world, but since mastering these 10 rules, it feels like I'm cruising through green lights. Sharing with you 👇
1️⃣ A strong coin that has fallen for 9 consecutive days: be decisive and pay attention, often a good opportunity to buy low.
2️⃣ A coin that has risen for 2 days: reduce your holdings if necessary, don’t be greedy.
3️⃣ A coin that has surged over 7%: there may be further upside the next day, hold and observe.
4️⃣ A strong bull coin: don’t chase after the rise, wait for a pullback to get in.
5️⃣ Trading sideways for 3 days + continuing to be dull: observe for another 3 days, if no change, switch coins.
6️⃣ If you can't recover costs on the same day: don’t hesitate, cut losses and exit in time.
7️⃣ There’s a rhythm to the rise rankings: three rises must lead to five, five rises often lead to seven, the fifth day is usually a good selling point.
8️⃣ Watch the trading volume: an increase in volume at low levels is an opportunity; if there's an increase in volume at high levels and stagnation, it's time to run.
9️⃣ Only choose coins with an upward trend for trading:
Short-term look at the 3-day line turning;
Medium-term look at the 30-day;
Main rising wave look at the 80-day;
Long-term look at the 120-day line turning upwards.
🔟 Small funds can also turn around: correct methods + stable mindset + strict execution + patient waiting!
