A super stable and silly method for trading coins that guarantees profit without loss. There is a particularly silly but steady method that can help you grasp all the profits, but it requires careful consideration.
The first thing is, don’t buy when the price is rising. Learn to buy boldly when others are scared to death and be cautious when others are frantically buying. Get into the habit of buying during a downturn.
The second thing is, don’t bet everything on one trade.
The third thing is, don’t operate with a full position. When you are fully invested, you become passive. There are plenty of opportunities in the market, and being fully invested increases opportunity costs.
Now let’s talk about a few tips for short-term coin trading:
First, don’t rush to buy when the price is high; it might rise a bit more. Don’t rush to sell when the price is low; it might drop a bit more. Wait until the direction is clear before taking action.
Second, don’t trade during sideways movements. If you can’t manage this, many people will lose money in trading.
Third, look at the candlestick chart; try buying when there are bearish candles and consider selling when there are bullish candles.
Fourth, if the price drops slowly, the rebound will also be slow; if it drops quickly, the rebound will be vigorous.
Fifth, build positions according to the pyramid principle; this is an old rule of value investing.
Sixth, if a coin is rising sharply or falling sharply, it will definitely move sideways for a while. At this time, don’t sell everything at a high point, and don’t buy everything at a low point. After the sideways movement, there will be a trend change; if it starts to drop from a high point, you need to clear your position quickly.#BinanceAlphaAlert
