Learn these few principles, and you can easily earn 100 times in the crypto world without loss!
Sharing some trading insights:
Don't miss short-term opportunities when prices break key levels
Explanation: Once the price breaks an important support or resistance level, there may be a short-term trading opportunity; don’t hesitate, grab it quickly.
After a big surge, don't rush to chase high prices
Explanation: After a significant price increase, there often comes a process of pullback; at this time, do not be anxious to chase high prices, stay steady.
If prices rise without an increase in volume, the main force may be deceiving
Explanation: If the price goes up but the trading volume hasn’t changed much, it might be the main force playing tricks to attract retail investors; stay alert.
Don’t panic when there’s little volume during a sharp drop; withdraw if the decline is slow but volume increases
Explanation: When prices drop sharply but the trading volume is small, don’t rush; if the price declines slowly and the volume increases, it’s time to withdraw quickly.
When the main rise accelerates, it may be nearing the peak
Explanation: When the price rises rapidly, it is likely approaching the peak; pay attention to peak signals in advance and be prepared.
Don't chase high prices when buying; wait for a pullback to take action
Explanation: When buying cryptocurrencies, never wait until the price is very high to buy, as the risk is too great. It’s best to wait for a pullback and buy when the price is relatively reasonable.
Look at daily and weekly charts; the main force's movement is key
Explanation: When observing price trends, don’t just look at daily charts; you should also consider weekly charts or even longer-term charts to better grasp the main force's movements and market trends.
Don’t panic over small fluctuations; be cautious during significant surges.
Explanation: If the price drops to a new low and the trading volume is shrinking, it may have reached a bottom; when the trading volume starts to recover and the price begins to rise, that’s a good time to enter the market.
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