I use the dumbest cryptocurrency trading method to steadily earn 300,000 USDT every month: 10 survival rules learned with blood and tears by experienced traders
1. A strong coin has fallen for 9 days at a high? Just close your eyes and buy the dip!
(Don't worry about any bad news; if it has dropped for 9 days, it’s a golden opportunity. Remember this magical number)
2. If it rises for two consecutive days, reduce your position; preserving profit is the key
(Has it risen for two days and you feel dizzy? Don't be a bag holder; it's wise to secure some profits first)
3. If it soars more than 7% in one day, there’s still room for more the next day
(Don't rush to sell after a big candle; often there’s more to gain the next day)
4. Don't rush to chase a strong coin during a pullback; wait for it to settle before getting in
(Strong coins never move in a straight line; the best entry point is when the pullback is complete)
5. Has it been three days of sideways movement like a dead fish? Observe for another three days; if it doesn’t move, exit!
(Consolidating coins are time-consuming; if it doesn't start moving after a week, it’s time to switch)
6. Can’t even recover your capital the next day? Cut losses quickly without hesitation!
(Being trapped isn’t scary; what's scary is refusing to admit your mistakes)
7. There’s a trick to consecutive gains: after three consecutive days, watch for five; after five, keep an eye on seven
(If it rises for two days, dare to buy. Remember to place a sell order on the fifth day; this trick cures all doubts)
8. Remember the relationship between volume and price: pay attention to low-level breakout with increased volume; if it’s high-level with increased volume but stagnant, it’s time to run
(Trading volume is the barometer of the crypto market; a breakout with volume is a charge signal, while stagnant growth at a high level is a retreat order)
9. Trend is king, no nonsense: if the 3-day line turns up, it’s a short-term charge signal; if the 30-day line turns, it’s a medium-term trend; if the 80-day line flattens, a main uptrend is about to take off; if the yearly line is upward, don’t worry about a long bull!
(Focus on the trend before acting, don’t go against the moving averages)
10. Small funds can also become big players; the key is to follow these three rules:
The method must be correct, the mindset must be stable, the strategy must be executed, and opportunities must be waited for! You might as well [check the homepage] to get the latest information and trading skills in the crypto circle.