New cryptocurrency friends! I heard you're also looking to make a name for yourself in the world of digital currency? Well, I have some valuable tips to share with you! Although I'm a seasoned cryptocurrency trader, I started out as a beginner myself. Today, I'll share a "beginner's guide" to help you navigate the cryptocurrency world with ease!
1. Patience is gold, don't panic when the market is sideways.
When a coin's price seems to be stuck, don't rush in. At this time, patience is your treasure. The best is yet to come, and the wait is worth it!
2. When both volume and price are rising, buy it!
If you see a coin's trading volume and price break through previous levels and then hold steady, it's like seeing a green light—buy it now!
3. Has the leading coin dropped? Here's your opportunity!
Has the leading coin everyone's vying for dropped? Don't be afraid, this is your chance!
Seize it, and you might be the next to double your money!
4. Gaps are a symbol of strength.
If a coin's price suddenly jumps upward, leaving a gap, it's a sign of immense strength. If the price then corrects but doesn't break below the gap, then watch it continue to soar!
5. Exploding limit-up? Don't be jealous.
Seeing someone else's coin hit the limit-up? Don't be envious; it could be a manipulation by the major players; don't be fooled!
6. Hold onto your coins during a bull market.
When a bull market arrives, hold onto your coins like a lifeline! Don't let go easily, or you might miss out on a major market move!
7. The top isn't sharp; it's at least a double top.
Don't rush to sell just because the price is rising. A true top won't be that sharp; it'll at least have a double top. Remember this, and you won't sell too early!
8. MACD When the 0-axis is reached, a buy point appears.
The MACD indicator is amazing. When its DIF line dips near the 0-axis but doesn't break, that's a buy point! Remember this mantra for easier trading!
9. 120-Day Line Up, Buy on the Dip
If you see a coin's 120-Day Line showing a bullish pattern and an upward trend, don't hesitate—buy on the dip! This has a very high accuracy rate!
10. Consecutive Small Bullish Lines, Major Players Are Taking Action
If a coin shows consecutive small bullish lines, it's like a signal from major players. They're quietly accumulating shares! At this time, you should pay close attention.
