Secrets of the cryptocurrency world shared by experts, allowing you to easily achieve financial freedom! Wow, you might not believe it, but I've been in the cryptocurrency space for a full ten years, experiencing countless ups and downs, and finally accumulated a wealth of eight figures! Today, I generously share my unique money-making secrets!
First of all, when you're in the cryptocurrency world, safety comes first, and you must keep a close eye on your money. My secret is to divide the money into five parts, using only a small portion for risky investments each time, so even if you stumble, it won't be a major loss.
If you really misread the market, don't hesitate, quickly cut your losses; that way, even if you make five mistakes, you'll only lose ten percent. If you read the market correctly, don’t forget to set a profit-taking point, and don’t let the gains slip away. Want to improve your win rate? Follow the trend, and you won't go wrong!
When the market is falling, never rush to buy the dip; when it's rising, don't be afraid to chase the highs. A rebound in a downtrend is often a trap; while a pullback in an uptrend is a real opportunity. Those cryptocurrencies that spike temporarily are like meteors, fleeting; don’t let them blind your eyes.
When prices stagnate at a high level, a drop is surely coming; this is a hard rule. The MACD indicator is very useful, as it can help you find good timing for buying and selling. When you see a golden cross breaking above the zero line, you can confidently enter the market; if you see a death cross pointing down, you need to quickly reduce your position.
Remember, if you lose money, never average down; that’s like jumping into a fire pit. Only add to your position after making a profit; that’s the right way.
Trading volume is the lifeblood of the cryptocurrency market. A breakthrough in low trading volume indicates an opportunity; high trading volume stagnation at high prices signals an alarm. Only trade in uptrends for better chances of winning.
From short-term to long-term, look at the moving averages of different cycles, and you'll grasp the pulse of the trend.
Finally, don’t forget to review daily, check if the cryptocurrencies you hold are still viable, and whether your strategy is appropriate. This way, you can thrive in the cryptocurrency space.
In the upcoming bull market, I will take everyone together to aim for the wealth opportunities in altcoins, with an expected return of over ten times being no problem, leading you to layout the entire bull market!