Learned this most 'foolish' method, the cryptocurrency journey will now have a green light all the way through!
It relies on simple yet solid execution:
1. Strong coins fall for 9 days in a row, decisively follow up
If a strong coin falls for 9 consecutive days, the risks are basically digested, and quickly following up often captures the rebound.
2. Coins rise for two days in a row, reduce positions to lock in profits
After rising for two days, it often enters a correction period, during which reducing positions protects existing gains.
3. Increase over 7%, observe the next day for a potential spike
If it rises more than 7% in a day, there is a high probability of further upward movement the next day, so don’t rush to sell, hold and observe.
4. Enter the market after a strong bull coin's correction ends
For strong bull market coins, waiting until the correction ends before buying in is the best strategy; don’t rush to chase high prices.
5. Three days of flat fluctuations, continue to observe for three more days
If a coin has stable fluctuations for three consecutive days, observe for three more days; if there is no improvement, consider switching positions.
6. Unable to break even, stop loss in time
If the next day fails to recover the previous day's cost price, decisively exit without hesitation.
7. Two days of rise must have a fifth day, seize the fifth day's selling point
The pattern of the rise list is that the fifth day after two days of rise is usually a good selling point; enter at a low and sell on the fifth day.
8. Volume and price indicators are the soul, follow up during high volume breakthroughs, exit during stagnation
Trading volume is crucial; breakthroughs with increased volume at low levels are opportunities, while stagnation with increased volume at high levels requires a decisive exit.
9. Only trade coins in an uptrend
The odds are highest: a 3-day line trending up indicates a short-term bullish outlook, a 30-day line indicates a medium-term bullish outlook, an 80-day line signals a main rising wave, and a 120-day line indicates a long-term significant rise.
10. Small funds also have opportunities
As long as the method is right, the mindset is stable, and execution is strict, small funds in the cryptocurrency market can also succeed; wealth flipping is not a dream!
Remember, there are many opportunities in the cryptocurrency market, but the risks are high; learning and summarizing experiences are the keys to going further!
It's that simple; with proper execution, you can also ride the waves in the cryptocurrency market! Today's sharing ends here. If you want to seize this round of the crypto market, it’s definitely too late to learn and sell immediately; it's best to have someone guide you through the quick entry.
