There is a very foolish method that almost guarantees a 100% profit rate! I used this clever method to earn 2 million in cryptocurrency!
1. When the market crashes, if your coin only slightly declines, it indicates that there is a whale protecting the price, preventing it from dropping further. Such coins can be held with peace of mind, and there will definitely be rewards in the future.
2. For beginners in buying and selling coins, there is a simple and direct method: for short-term trading, look at the 5-day moving average; as long as the coin price is above the 5-day line, hold it, and sell once it breaks below. For medium-term trading, look at the 20-day moving average; if the coin price is above the 20-day line, hold it, and exit if it breaks below. The method that suits you best is the best; the key is to consistently execute it.
3. If the main upward trend of the coin has formed and there is no obvious increase in volume, then buy decisively. Continue to hold during volume increases, and hold even if there is a decrease in volume but the trend remains intact; if there is a volume decrease and it breaks the trend, then quickly reduce your position.
4. After a short-term purchase, if the coin price has not moved within three days, sell if you can. If the price of the coin drops after purchase and the loss reaches 5%, stop-loss unconditionally.
5. If a coin has dropped 50% from a high point and has continuously declined for 8 days, it indicates that it has entered an oversold state, and a rebound may happen at any time, so consider following it.
6. When trading coins, choose leading coins because they rise the most when they go up and are most resilient when they go down. Don't buy just because the coin price has dropped significantly, and don't refrain from buying just because it has risen a lot. When trading leading coins, the most important thing is to buy at high prices and sell at even higher prices.
7. Trade according to the trend; the price at which you buy is not better the lower it is, but the more appropriate it is. Do not easily say the bottom during declines and abandon those poorly performing coins. The trend is the most important.
8. Do not let temporary profits get you too excited; remember that maintaining consistent profits is the hardest. Review your trades carefully to see if your profits are due to luck or skill. Establishing a stable trading system that suits you is the key to sustained profits.
9. Do not force trades without sufficient confidence. Holding cash is also a strategy, and learning to hold cash is very important. The first consideration in trading should be to protect your capital, not to seek profits. Trading is not about frequency but about success rate.
The way of the cryptocurrency world: a single tree cannot make a boat, and a solitary sail cannot sail far! Blindly going solo will never bring opportunities; feel free to discuss anytime and let's seize the big opportunities together!