Stop relying on guesswork for trading cryptocurrencies, learn this "low-level reversal strategy," and even with a small capital, you can leverage a great opportunity.
The following 10 points are practical rules I've summarized after encountering countless pitfalls, suitable for people with small funds and low-risk preferences to quickly get started:
1. Once the main uptrend starts, get in as soon as the first strong bullish candle appears, don’t wait for a pullback.
— Waiting for a "pullback to enter" is the most common reason people miss the main uptrend; strong coins never give opportunities for low buys.
2. If there are three consecutive days of small bullish candles, the fourth day might be a trap to lure buyers, so be cautious about reducing positions.
— Slow increases don’t mean safety; consecutive small rises could be a prelude to distribution.
3. If the coin price consolidates for more than 5 days with continuously shrinking volume, try to avoid it.
— These coins can suddenly crash and wash out positions; it’s better to free up funds early to switch to stronger ones.
4. When trading cryptocurrencies, it's better to buy when the price is rising, not when it’s peaking.
— The older hot coins that are already highly valued have poor cost-performance ratios. Real opportunities are always hidden in the newly started main lines.
5. For coins with hot topics, do not chase the first wave; wait for a pullback to support before making the second wave, which is safer.
— Most people get caught in the first wave of chasing highs; smart people wait for the second wave after the washout is complete.
6. Volume is the first indicator for confirming direction; any increase without volume is unreliable.
— When looking at rises, focus more on volume; significant volume indicates the main force's genuine interest, while low-volume increases are just empty promises.
7. A daily chart showing three consecutive bullish candles with rising volume and price is the most worthwhile swing trading signal.
— After this pattern appears, even if there is short-term volatility, there is often another surge afterwards.
8. If the price breaks below a key support level (generally looking at the 30-day moving average), it’s essential to decisively cut losses.
— Holding onto even a penny of loss could lead to a total loss of capital. Recognizing mistakes and cutting losses is a key action for survival in the crypto world.
9. Only trade on the right side; do not bottom fish or chase tops.
— Avoid touching anything before confirming the bottom, and don’t chase before the top has been sold. Clear trends represent real opportunities.
10. Trading cryptocurrencies is not gambling; small positions for trial and error, gradually increasing investment, and strict execution are common traits of all profitable accounts.
Whether you can make money depends not on IQ or insider information, but on how few mistakes you can make and how well you can maintain your rhythm.
If you don’t want to keep going in circles, it’s time to have a chat. Not everyone can go from 15,000 to 120,000, but if you dare to take that step, I can guide you to try it once.
$SUI $ETH $BTC $C
