The dumbest and most stable method for trading cryptocurrencies that allows you to keep making profits. There is a very simple method for trading cryptocurrencies, but this method can almost eat away all profits, so learn it slowly. Firstly, when trading cryptocurrencies, you should never do three things.

The first thing is to never buy in when prices are rising. Be greedy when others are fearful and be fearful when others are greedy. Develop the habit of buying when prices are falling.

The second is to never place large bets.

The third is to never go all-in. Going all-in makes you very passive, and what this market lacks the least is opportunities. The opportunity cost of going all-in is very high.

Now let’s talk about the six rules for short-term trading.

The first rule is that after the price stabilizes at a high level, there is usually a new high. After stabilizing at a low level, there is usually a new low, so wait until the direction of the trend is clear before taking action.

The second rule is to not trade during sideways movement. Most people lose money in cryptocurrency trading because they cannot adhere to this simplest principle.

The third rule is when choosing candlesticks, buy when there is a bearish candle, and sell when there is a bullish candle.

The fourth rule is that a slowdown in decline leads to a slow rebound, while a rapid decline leads to a faster rebound.

The fifth rule is to build positions using the pyramid buying method. This is the only unchanging principle of value investing.

The sixth rule is that when a cryptocurrency continues to rise or fall, it will inevitably enter a sideways state. At this time, there is no need to sell everything at the high point, nor is it necessary to buy everything at the low point. Because after stabilizing, a trend change will inevitably occur. If the price changes downwards from a high point, you need to clear your position in time. In short, you need to push forward in a timely manner.