Is it possible to rely on the cryptocurrency world for a living and lead that kind of free life?
In this era where the economy is in such a severe downturn, making money is harder than eating shit.
Making money in the cryptocurrency world has never been easy; in the capital market, making money depends on understanding and relies on expertise. Retail investors have neither funds nor technology, so how can they make money? By being handsome, or what? The cryptocurrency world is already tough enough, and now Trump and his wife have come to the cryptocurrency world to issue coins and harvest the leeks.
The liquidity in the cryptocurrency world is almost being drained!
As an old trader who has been trading cryptocurrencies for 10 years, unafraid of the storm, having survived through bull and bear markets, I rely on these 5 rules! They are the accumulation and summary of my years of experience! Read patiently, fill in the gaps, and I believe you will gain something!
1. Fast rising and slow falling means accumulation.
Rapid rise but slow fall indicates that the operators are accumulating chips, preparing for the next round of rise.
2. Fast falling and slow rising means unloading.
Rapid fall but slow rise means that the operators are gradually selling off, and the market is about to enter a downtrend.
3. Do not sell at the top with high volume, run quickly if there is no volume at the top.
High trading volume at the top may continue to rise; however, if trading volume at the top shrinks, it indicates insufficient upward momentum, so exit as soon as possible.
4. Do not buy at the bottom with high volume; persistent high volume can be bought.
High volume at the bottom may be a continuation of the decline and needs observation; persistent high volume indicates that funds are continuously entering, and buying can be considered.
5. Trading cryptocurrencies is trading emotions; consensus is trading volume.
Market sentiment determines cryptocurrency price fluctuations, and trading volume reflects market consensus and investor behavior!
Changing even a little is not cool, and can be filled with pain.
Every step forward, every lift of a leg, is accompanied by soreness. Only by tearing apart the old muscles can stronger muscles grow. Only by shattering the original understanding can a new self be reconstructed. The cycle of charging ahead and fleeing in despair plays out repeatedly, making it hard to endure; ordinary people simply cannot take it. What’s worse is that some people don’t even have the opportunity to change, respecting the market, constantly learning, and delving deeper into research.
The market has never lacked opportunities; the question is whether you can seize them. We can earn more by recognizing and experiencing the right people.
