The Ten Simplest Rules for Getting Rich in Cryptocurrency
If a strong coin has dropped continuously for nine days at a high position, buy the dip immediately!
If any coin rises for two days, sell part of your holdings! Don’t be greedy!
If a coin surges over 7% in a single day, there’s a high probability of a pullback the next day.
—— If it rises too sharply, wait and see; act only after it retraces.
Enter the market only after a bull market has paused.
—— Enter the market only after the previous surge ends to avoid standing guard at the peak.
If there’s no movement after three days of sideways trading, wait another three days to decide whether to hold or sell.
—— If there’s no change in narrow fluctuations for three days? Wait another three days; if it doesn’t break through, change your position!
If you haven't recouped your investment the next day, cut your losses early!
—— If you're still in the red the day after buying? Stop loss immediately!
Strong coins continue to be strong, catch the first dragon.
—— On the rise list: If there are three, there must be five; if there are five, there must be seven! Buy coins that rise continuously on a pullback; the fifth day’s peak is a selling point ✅
Volume-price relationship determines life and death.
Breakout on low volume—follow blindly!
Stagnation on high volume—run away!
(Trading volume is the soul of the cryptocurrency market!)
Only trade coins in an upward trend.
3-day moving average turning up → Short-term rise
30-day moving average turning up → Medium-term rise
80-day moving average turning up → Major bullish wave
120-day moving average turning up → Long-term bull market begins
Small funds can also have big opportunities.
—— Use the right methods + maintain rationality + strictly follow discipline = wait for the wind to come!
💢 Blood and tears advice
Full-time trading in cryptocurrency will lead to bankruptcy, borrowing to trade cryptocurrency is like grass on a grave!
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