I have many friends who earn so much money. I instead say I won the lottery, but who knows that I got into the cryptocurrency space a few years ago. As someone born in the 90s, I have always been very low-key. Over the past few years, through thick and thin, day and night, I have been watching the market, going from losing 50,000 yuan to only having 2,000 yuan left. Later, I borrowed from many credit card platforms and slowly turned my situation around.
As an old trader with 10 years of experience in cryptocurrency trading, unafraid of the ups and downs, and having survived in the market, I rely on these 5 rules! They are the accumulation and summary of my many years of experience! Take your time to read through and fill in the gaps; I believe you will gain something!
1. Rapidly rising and slowly falling indicates accumulation.
A rapid rise but a slow fall indicates that the market maker is accumulating shares, preparing for the next round of increases.
2. Rapidly falling and slowly rising indicates selling.
A rapid fall but a slow rise means that the market maker is gradually selling off, and the market is about to enter a downward cycle.
3. Don't sell when there is high volume at the top; run quickly when there is no volume at the top.
High trading volume at the top may continue to rise; but if the trading volume at the top shrinks, it indicates insufficient upward momentum, so leave the market as soon as possible.
4. Don't buy when there is high volume at the bottom; continuous high volume can be bought.
High volume at the bottom may indicate a continuation of the downward trend and needs observation; continuous high volume indicates that funds are continuously entering, which can be considered for buying.
5. Trading cryptocurrency is trading emotions, and consensus is reflected in trading volume.
Market sentiment determines price fluctuations, and trading volume reflects market consensus and investor behavior!
Changing is not cool at all; it can even be filled with pain.
Every step, every lift of the leg, is accompanied by soreness. Only by tearing down old muscles can stronger muscles grow. Only by shattering previous cognitions can a new self be reconstructed. The cycle of marching forward and collapsing in despair is too hard to endure; ordinary people simply cannot handle it. Even worse, some people don't even have the opportunity to change.
Respect the market, continuously learn and delve deeper into research, keep optimizing systems and learning new knowledge, and never think you are invincible! Only by remaining vigilant and constantly considering different changes in situations can you become the ultimate winner in this market!
Continuously pay attention to MAGIC IDEX FIS ATM
