๐ธ๐ An Easy Way to Get Rich in the Crypto World: 10 Golden Rules! ๐๐
Crypto trading is not rocket science! ๐ง โณIf you trade with a bit of wisdom and patience, and follow these 10 simple rules, Insha'Allah you can gradually build wealth! ๐ฐ๐
Remember: Donโt rush โ slow and steady wins the race! ๐ข๐ซ
๐ Here are the ๐ Golden Rules for Successful Crypto Trading:
1๏ธโฃ Strong Coins Falling ๐โก๏ธ๐
If a strong, solid crypto has been falling for 9 days straight, keep a close eye โ it could be the perfect entry point! ๐โ
2๏ธโฃ 2 Days of Pump = Be Cautious โ ๏ธ
If a coin has been going up for 2 consecutive days, lighten your position โ profit-taking is a must! ๐ธ๐งพ
3๏ธโฃ 7% Jump? Wait for Pullback ๐
If a coin jumps more than 7%, wait for a pullback the next day. Donโt rush in โ observe first! ๐ต๏ธโโ๏ธ๐
4๏ธโฃ Enter After Bull Run Ends ๐ฅ๐โก๏ธ๐
Always enter the market after the previous bull run ends. Jumping in the middle often leads to losses. ๐ช๐ฅ
5๏ธโฃ Low Activity for 3 Days? Time to Rethink ๐
If a coin stays flat for 3 days, and nothing changes in the next 3 days โ consider changing your holdings. A better opportunity might be waiting! ๐ง๐
6๏ธโฃ Canโt Recover Yesterdayโs Cost? Exit โ
If a coin can't even recover its previous dayโs price the next day โ exit immediately! Minimizing losses is key. ๐โโ๏ธ๐จ
7๏ธโฃ The Secret of Gainers List ๐๐
If coins are in the gainers list for 2 straight days, buy the dip โ because the 5th day is often a great selling point. ๐ฏ๐
8๏ธโฃ Volume ๐ + Price ๐ต = Soul & Body ๐ง
Always watch volume and price! If price breaks out from consolidation with high volume at lower levels โ buy it.
But if volume increases at higher levels and price stagnates โ exit fast, it may be a reversal! ๐โ ๏ธ
9๏ธโฃ Stick to Uptrending Coins ๐๐
Trade only in coins that are in an upward trend:
3-day MA โ : Short-term rise
30-day MA โ : Medium-term rise
80-day MA โ : Major uptrend
120-day MA โ : Long-term growth
๐โ
Trade the trend โ not the noise!
๐ Small Capital, Big Mindset ๐ก๐ผ
Having small capital doesnโt mean fewer chances! Stick to solid strategies, stay calm, and be patient โ opportunities will come! ๐งโโ๏ธ๐ฏ
โ ๏ธ One Important Tip ๐ฌโ๏ธ
Never do full-time crypto trading.
And most importantly: Never trade with borrowed money. ๐จ๐ธ
Only invest what you can afford to lose. ๐๐งฏ
โจ Are you thinking of adding these rules to your trading strategy? ๐ค๐ค๏ธ
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