Want to turn thousands into millions in cryptocurrency trading? You need to put in real effort and not treat it lightly!
When you see those hot coins, if one day they suddenly drop down for nine consecutive days, you need to pay close attention and follow the crowd; good luck might just follow.
On the other hand, if a coin jumps up for two consecutive days, don’t get too complacent; sell some quickly, safety comes first.
Also, if a coin suddenly surges more than 7% one day, it might continue to rally the next day, so don’t rush to sell; wait for the right moment to act.
When you encounter a truly strong bull coin, don’t be impatient; wait for it to catch its breath a bit before you join in.
If a coin has been stagnant for several days, as if it’s dead, wait three more days to see if it reacts; if not, it’s time to switch to another, don’t fixate on one.
If the coin you bought today hasn’t even returned yesterday’s investment by tomorrow, don’t hesitate; get out quickly, don’t linger.
There’s a saying in cryptocurrency trading: "If a coin rises for three days, it will definitely rise for five; if it rises for five, it will definitely rise for seven." This means if a coin has risen for two consecutive days, you can look to buy at a low price, generally the fifth day is a good opportunity, so remember to seize it.
Trading volume is the barometer of cryptocurrency trading; you need to study it thoroughly. If the price is low and the volume surges upward, it might be about to explode; if the price is high and the volume can’t rise, then hurry and run, don’t hesitate.
You need to follow the major trends in cryptocurrency trading; those coins that are rising are worth your effort. For short-term views, look at three-day charts; for medium-term views, look at one-month charts; for long-term views, look at one-year charts; if these charts are trending upwards, then it’s likely to rise.
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