Learn this simplest cryptocurrency trading method, and you can slowly become rich!

Whether you are new to the crypto world or have been playing for a while, these 9 "iron rules" are worth saving and reviewing repeatedly. The sooner you master them, the sooner you can say goodbye to blind operations!

1. A strong coin has fallen for 9 days? It might be time to consider buying!

If a widely recognized strong coin has dropped for 9 consecutive days at a high level, it could be an opportunity. It may not rebound immediately, but you can start to pay attention and prepare.

2. If a coin has risen for two consecutive days, it's time to reduce your position.

Many coins tend to adjust after rising for two days. Don't be too greedy; when it rises, you should reduce some of your position and secure profits.

3. If a coin rises over 7% in a day? It might need to correct the next day.

Coins that rise too sharply often take a breather the next day. Observe carefully and do not blindly chase the highs.

4. Don't rush in when the bull market is about to end.

Patience is key; wait until the bull market is over to get in. You often can pick up cheaper and lower-risk assets then.

5. If a coin has not moved much for three consecutive days, don't rush; wait and see.

If a coin's price has been stagnant for three days, give it another three days for observation. If there is still no movement, consider switching to a more active coin.

6. If it doesn't return to yesterday's cost today? Withdraw decisively!

If the coin you bought doesn't rise back to your purchased price the next day, don’t cling to it; timely loss-cutting is crucial.

7. Rising coins can drive more coins to rise together.

If there are 3 coins rising on the leaderboard, it might soon become 5, then 7. If you see coins rising for two consecutive days and they start to correct, consider buying at a lower price. Usually, the 5th day is a good selling point.

8. Trading volume is very important; it's the market's "heartbeat."

If a coin experiences a volume increase after a period of consolidation at a low level, pay special attention; it may be about to take off.

But if there is an increase in volume at a high level and the price doesn't move, it's a warning sign; you should run!

9. Only trade coins with an upward trend; avoid those on a downward slope.

You can determine the trend by looking at moving averages:

3-day moving average upwards indicates a short-term upward trend;

30-day moving average upwards indicates a mid-term bullish outlook;

80-day moving average upwards indicates a main upward phase;

120-day moving average upwards indicates a long-term increase.

Don’t try to catch the bottom of coins that keep falling; earning money from trends is the most stable.

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