There is a rather silly but almost guaranteed way to make money! I made 2 million from this trick in cryptocurrency trading!
When the market crashes, if the coins you hold only drop a little, it means there are market makers supporting the price, preventing it from falling further. Such coins can be held with confidence; there will definitely be rewards in the future.
For beginners in buying and selling coins, there's a simple and direct method: for short-term trading, watch the 5-day moving average. If the coin price is above the 5-day line, hold it; once it drops below, sell it. For medium-term trading, watch the 20-day moving average. If the coin price is above the 20-day line, hold it; if it drops below, take action. The method that suits you best is the most important, and the key is to stick to the plan.
If the main upward trend of the coin price has formed and there is no significant increase in volume, buy decisively. Hold on during volume increases, and if it decreases but the trend remains intact, continue to hold; if there's a volume drop that breaks the trend, quickly reduce your position.
After a short-term purchase, if there is no movement in the coin price within three days, sell if possible. If the price drops after your purchase and reaches a 5% loss, cut your losses unconditionally.
If a coin has dropped 50% from its peak and continues to fall for 8 days, it is oversold and may rebound at any time; consider entering at this point.
When trading coins, choose leading coins because they rise the most when going up and are the most resilient when going down. Don't buy just because the price has fallen significantly, nor avoid buying just because it has risen a lot. The key to trading leading coins is to buy at high levels and sell when it rises to even higher levels.
Follow the trend in trading; the purchase price is not about being as low as possible, but about being as appropriate as possible. Do not easily claim that the bottom has been reached during a decline; abandon those coins that are performing poorly. The trend is the most important.
Don't let a moment of profit make you impulsive; know that consistently making money is the hardest. Review your trades carefully to see if your profits are due to luck or skill. Establishing a stable and suitable trading system for yourself is the key to consistently making money.
Do not force trades when you do not have enough confidence. Being in cash is also a strategy; learning to stay in cash is very important. The first consideration in trading should be to preserve capital, not just to make money. What matters in trading is not the number of trades, but the success rate.
Fumbling around alone will never lead to opportunities; follow me closely to uncover tenfold potential coins! Hold the top-tier primary market resources! #TRUMP #BTC重返10万 #ETH #山寨季何时到来?