In the last two years, from December 23, 2021, to August 6, 2023, I managed to turn less than 500,000 into 41,813,486%, achieving over 29 million. Here are some practical and useful tips for newcomers to the crypto world!
My trading method is very simple and practical; within just a year, I traded to an 8-figure sum, focusing only on one pattern and entering the market only when I see an opportunity. I have maintained a win rate of over 90% for five years!
After learning my trading method, I felt as if I was playing with cheats in the crypto world, moving along with green lights, thanks to my firm grasp of the following 10 rules.
1. If a strong coin falls for 9 consecutive days from a high position, be sure to follow up promptly.
2. If any coin rises for two consecutive days, be sure to reduce your position promptly.
3. If any coin rises more than 7%, there may still be an opportunity for further gains the next day, so continue to observe.
4. For strong bull coins, wait until the pullback ends before entering the market.
5. If any coin has three consecutive days of stable fluctuations, observe for another three days; if there is no change, consider switching.
6. If any coin fails to recover the previous day's cost price the next day, exit promptly.
7. If there are three coins on the rise list, there must be five, and if there are five, there must be seven. For coins that have risen for two consecutive days, buy on dips; the fifth day is usually a good selling point.
8. Volume and price indicators are crucial; trading volume is the soul of the crypto world. When the price breaks out at a low consolidation point with increased volume, it needs to be closely monitored; if there is a high point with increased volume but no rise, exit decisively.
9. Only choose coins that are in an upward trend for operations, as this maximizes the odds and saves time. A 3-day moving average turning upward indicates a short-term rise; a 30-day moving average turning upward indicates a medium-term rise; an 80-day moving average turning upward indicates a primary bullish wave; a 120-day moving average turning upward indicates a long-term rise.
10. In the crypto world, small capital does not mean no opportunities. As long as you master the correct methods, maintain a rational mindset, strictly execute strategies, and patiently wait for opportunities, you can achieve success.
You can also achieve a financial turnaround in this land full of opportunities. Remember, while the crypto world is good, the risks are also high; only by continuously learning, summarizing experiences, and constantly improving oneself can you go further!
I have struggled in the crypto world for a full ten years, experiencing three bull-bear cycles, starting with an initial capital of 50,000, and now achieving financial freedom. Along this journey, I have almost stepped into all the pitfalls, but it is these experiences that have helped me develop a stable profit system.#MichaelSaylor暗示增持BTC #币安Alpha上新 #美国加征关税 #美国5月核心PCE物价指数 #香港加密概念股