Brothers and sisters, if you are determined to delve deeply into the cryptocurrency world, and even rely on trading for your livelihood in the future, please remember the ten points below. There are no flowery words, just heartfelt summaries gained from years of practical experience.
🔥 Ten Truths About Trading Cryptocurrencies 🔥
1️⃣ Strong coins pull back, don’t panic
When leading coins pull back for 8-9 consecutive days, it is often a moment when opportunities arise. Keep calm and don’t be easily shaken out.
2️⃣ Two days of continuous rise, time to take profits
If any coin rises for two consecutive days, it’s time to consider reducing your position to lock in profits, don’t let greed delay your gains.
3️⃣ Large single-day increase, don’t rush to sell
If the price increases more than 7% in one day, there is often still upward space the next day; it’s better to observe a bit more before making a decision.
4️⃣ Big bull coins, patiently wait for a pullback
Don’t blindly chase highs; real good opportunities often appear when the pullback ends and the trend is reconfirmed.
5️⃣ Stagnation for too long, stay alert
If a coin shows no fluctuation for three consecutive days? Observe for another three days, and if there’s still no improvement, decisively change positions is the best strategy.
6️⃣ No hope of recovering costs, decisively exit
If the next day you can’t even recover the cost from the previous day, take losses promptly; don’t let hesitation expand your losses.
7️⃣ Rhythm hidden in the rise list
When “3” appears on the list, it is often followed by “5”; when “5” appears, there is often a “7” to follow. Grasping the rhythm means grasping opportunities.
8️⃣ Volume-price relationship is the core signal
Breakthrough on low volume is worth paying attention to; high volume but stagnant at a high level means to exit decisively; run fast to survive longer.
9️⃣ Trends are your best allies
Only trade coins that are trending upwards to achieve twice the results with half the effort. Simply put:
3-day line upwards → short-term opportunities
30-day line upwards → medium-term layout
80-day line strengthens → main upward wave starts
120-day line turns up → start of a long bull market
🔟 Small funds also have a big future
Don’t be discouraged by a small principal; I have seen too many cases that began with a few thousand and eventually achieved millions in profits. The key is: correct methods, stable mindset, and proper execution. Opportunities are always reserved for those who are prepared. @crypto-露姐
