Tips for Continuous Profit in Cryptocurrency Trading, Come and See!

Tips for Continuous Profit in Cryptocurrency Trading

There is a very foolish method in cryptocurrency trading, but this method can almost consume all profits, so learn it slowly. First, when trading

cryptocurrency, you should never do three things. #Public Account Blockchain Outpost

The first thing is to never buy during an uptrend; be greedy when others are fearful, and be fearful when others are greedy. Develop the habit of buying during a downtrend.

The second is to never over-leverage your position.

The third is to never go all-in; being all-in makes you very passive, and the market is never short of opportunities. The cost of opportunities when you are all-in is very high.

Now let’s talk about the six mantras for short-term stock trading.

The first is that after the coin price consolidates at a high level, there will usually be a new high. After consolidating at a low level, there will usually be a new low, so we should wait until the direction of the market change is clear before making a move.

The second is to avoid trading during sideways movements; most people lose money in cryptocurrency trading because they can’t adhere to this simplest principle.

The third is when selecting candlesticks, buy on daily candles when there are bearish closes. When there are bullish closes, we sell.

Fourth, a slowdown in decline will lead to a slow rebound, and a rapid decline will lead to a rapid rebound.

Fifth, use the pyramid buying method to build positions; this is the only unchanging principle of value investing.

The sixth is that when a cryptocurrency continues to rise and then falls continuously, it will inevitably enter a sideways state.

At this time, there is no need to sell everything at a high point, nor is it necessary to buy all-in at a low point. Because after consolidation, there will inevitably be a market change. If the change goes down from a high point, it is necessary to clear the positions in a timely manner; in short, it is essential to act promptly $ETH $BTC #加密市场反弹 #美国加征关税