Fans always come to me saying that short-term trading is not worthwhile, and after losing tens of thousands over a month or two, they suggest it's better to do long-term trading.
Actually, it's not that you can't trade short-term; it's that you don't know how to. A follower who joined me last month has been focused on short-term trading for almost two months now, starting from 6800U to the current 53100U, which is a strong proof of this!
As for the methods, I'll share them now:
1. Technical Analysis: Use chart analysis, trend analysis, and other technical indicators to judge price trends, including support levels, resistance levels, moving averages, etc., to find buying and selling opportunities.
2. News Driven: Pay attention to news and events in the market, analyze and predict their impact on the cryptocurrency market, and quickly buy or sell accordingly.
3. Day Trading: Profit by capturing short-term price fluctuations, usually completing trades within a day.
4. Breakout Trading: Judge market direction by observing changes in trading volume when prices break through resistance or support levels, and buy or sell at the right time.
5. Swing Trading: Take advantage of significant price fluctuations to conduct medium to short-term buying and selling operations.
The market is still brewing. If you don't understand how to trade yet, it's okay. Hurry up and plan with me; let's get rich together in this bull market!
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