How to trade cryptocurrencies without losing? Just remember these 6 points!!!
1. When trading cryptocurrencies, focus on the strong ones. If unsure, look at the 60-day moving average; buy or add when above the line, and withdraw when below. This trick works most of the time.
2. If something suddenly rises more than 50%, don't rush to chase it, as it can easily cause anxiety. It's steadier to enter at a low position, which carries less risk and potentially greater earnings.
3. There are always signals before a big rise, such as minor price fluctuations of 10% to 20%, but with low trading volume. During this time, slowly buy at lower prices, and you'll likely catch the upward trend.
4. When a new market hotspot emerges, the first few days will definitely be hot. Seize this opportunity and follow the big money for easy profits.
5. When a bear market arrives, control your hands and don't act for at least six months. In a poor market, trade less; knowing when to rest is what makes a master.
6. You should review your strategy every week, not to see if you've made a profit, but to see if your strategy is correct. If it's right, stick to it; if it's wrong, adjust it. After a few months, your cryptocurrency trading strategy will be stable. Remember, success doesn't fall from the sky; it comes to those who are prepared.
