The 'Six Great Manuals' for Winning in Cryptocurrency Trading, Have You Learned About Them?

A big player in the cryptocurrency world once said that as long as retail investors can achieve these six points, they can easily turn one hundred thousand into five million. So what are these six points?

First Point: You must understand how to stop losses and take profits.

We trade cryptocurrencies to speculate, not to hold indefinitely! When you're making money, you think about making more; when you're losing, you hesitate to sell. This mindset is definitely not advisable. When your position starts moving in the wrong direction, you need to sell decisively.

Second Point: Don’t always think about buying at low points and selling at high points.

Because the market will always have lower and higher points. Ordinary people cannot achieve this mechanism, so don’t pursue so-called highs and lows. What we really need to do is buy and sell at the bottom and top regions.

Third Point: Volume and price must match perfectly.

For positions that rise without volume or hit new highs without volume, we must be cautious. It could very likely be a signal of a main force that cannot offload, leading to a rise that's exhausted. Never chase after it; it’s better to miss out than to make a wrong move.

Fourth Point: Reactions must be quick.

When information appears, we need to quickly identify which sectors and companies benefit from it. If you can't keep up with the first tier, then we should act promptly; the second tier will also yield significant gains.

Fifth Point: Learn to take breaks.

As the saying goes, see the bottom for three months and the top for three days. This means that the main rising wave of a known cryptocurrency price increase cycle only lasts a little while. So we need to learn to seize this main wave and rest during other times.

Sixth Point: The biggest blessing in the market is a crash, because a crash often brings many larger opportunities. When others are greedy, learn to be fearful; when others are fearful, be greedy. So when the market crashes, don't be afraid; at this time, we should choose quality positions and establish them promptly.

These six points may sound simple, but very few can truly achieve them. Why? If you cannot overcome the weaknesses of human nature, you will never earn your first five million in your life.

Mu Qing only does real trading; the team still has spots available, hurry to contact $ETH