The dumbest and most stable method for trading cryptocurrencies, allowing you to keep earning. There is a very simple method for trading, but this method can almost eat up all the profits, so learn slowly. First, when trading cryptocurrencies, you should never do three things.
The first thing is to never buy when prices are rising; be greedy when others are fearful and fearful when others are greedy. Develop the habit of buying when prices are falling.
The second is to never place large orders.
The third is to never go all-in; being fully invested makes you very passive, and this market is never short of opportunities, so the opportunity cost of being all-in is very high.
Next, let’s talk about the six rules for short-term stock trading.
The first rule is that after the price stabilizes at a high level, there will usually be a new high. Conversely, after stabilizing at a low level, there will usually be a new low, so wait for the direction of the market to become clear before making a move.
The second rule is to avoid trading during sideways movements; most people lose money in trading because they cannot follow this simplest principle.
The third rule is when selecting candlestick patterns, buy on daily candles when the close is a bearish candle. When the close is a bullish candle, we sell.
The fourth rule is that as the decline slows, rebounds also slow; a rapid decline will lead to a rapid rebound.
The fifth rule is to build positions using the pyramid buying method; this is the only constant in value investing.
The sixth rule is that when a cryptocurrency continues to rise, after a sustained decline, it will inevitably enter a sideways state. At this point, there is no need to sell everything at the high or to buy everything at the low. After a period of consolidation, a change will inevitably occur. If the price starts to decline from a high position, you need to clear your position in a timely manner; in any case, you must act promptly. #加密市场反弹 #鲍威尔半年度货币政策证词 #币安HODLer空投NEWT #币安钱包TGE #Strategy增持比特币
