Cryptocurrency is not gambling, but a monetization of knowledge.

I use the simplest method to trade cryptocurrencies, and I have a 100% success rate so far.

These four experiences may save your life—especially the third one, where most people lose money. #Altcoin Hotspot

Come, let’s talk about some practical tips:

Three Iron Rules of Trading:

First, never chase the price when it rises or panic sell when it falls! When others are selling in fear, we must be brave enough to buy, and when others are crazily chasing high prices, we must remain calm. Cultivate the good habit of gradually building positions when prices drop. $BTC

Second, don’t put all your eggs in one basket. Betting on a single coin is too risky; you need to understand diversification in investment. $XRP

Third, always leave some bullets! Fully investing equals cutting off your retreat; there are opportunities in the market every day, don’t trap yourself.

Six Tips for Short-Term Trading:

1. Don’t rush to chase at high positions; there may still be new highs; don’t rush to cut losses at low positions; there may still be new lows. Wait until the trend is clear before taking action.

2. Control your hands during sideways fluctuations! This is the root cause of most retail investors losing money.

3. Pay attention to the candlestick patterns: if a bearish candlestick forms, test the waters to build positions; if a bullish candlestick forms, consider reducing positions.

4. Slow declines rebound slowly, while sharp declines rebound fiercely; grasp the rhythm.

5. Building positions should be like a pyramid: buy more at the bottom and less at the top; this is a must-know lesson for experienced traders.

6. After a sharp rise or fall, there must be a sideways trend. At this time, don’t sell everything at the top of the range, and don’t buy everything at the bottom. Once the sideways trend ends, a breakout will occur; be decisive in liquidating positions during a downward breakout.