Ten Truths About Trading Coins$
1⃣️ Don't be afraid of strong coin pullbacks
As long as the leading coin continues to drop for 8 or 9 days, that is often a good opportunity for you to get in, don't get scared away.
2⃣️ Take profits after two days of gains
If any coin has risen for two consecutive days, you should reduce your position and take profits, don't fantasize about free money falling from the sky.
3⃣️ Don't rush to sell after a rise over 7%
If there is a big jump on the same day, there is often another opportunity to rise the next day, wait and observe first.
4⃣️ Always wait for a pullback on strong coins
Don't chase after it blindly, the real golden opportunity comes after the pullback ends.
5⃣️ Stagnation must change
If a coin has been stagnant for three consecutive days? Give it another three days to observe, if still no movement, switching coins is a relief.
6⃣️ Withdraw if you can't recover yesterday's money
If the next day you haven't even recovered yesterday's cost, leave immediately, dragging will only lead to deeper losses.
7⃣️ The rules of the rising list
If there is a 3 on the list, it is often followed by a 5; if there is a 5, it will often push to 7. This is the rhythm of the market.
8⃣️ Volume and price are the soul
Breakthrough with low volume, pay attention; high volume but price can't push up, that's a signal to exit, run faster than anyone else!
9⃣️ Trends are king
Only operate on coins with upward trends, so you won't waste time. Simply put:
3-day line turning up = short-term opportunity
30-day line going up = medium-term profit
80-day line strengthening = main upward wave
120-day line turning up = long-term bull market starts
🔟 Small capital can also turn around
Don't always think that small capital means no opportunities, I've seen countless people go from a few thousand to millions. The key is: the method is right, the mindset is stable, and the execution is strong. Opportunities will always wait for you. $BTC