A super stable and stupid method of speculating in cryptocurrencies that guarantees that you will make constant profits and not lose money. There is a particularly stupid but stable method of speculating in cryptocurrencies that can help you grab all the profits. You should think about it slowly. When speculating in cryptocurrencies, there are three things you should not do.
The first thing is not to buy when the price is rising. You must learn to buy boldly when others are afraid, and we must be more cautious when others are rushing for it. Buy when it is falling, you must develop this habit.
The second thing is not to put all your money into one order.
The third thing is not to trade with a full position. If you have a full position, you are passive. There are many opportunities in this market, and the opportunity cost is high.
Let's talk about some tips for short-term speculation in cryptocurrencies:
First, don't rush to buy when the price is high, it may go up a little bit more; don't rush to sell when the price is low, it may go down a little bit more. You should wait until the direction is clear before taking action.
The second thing is to not trade sideways. If you can't do this, many people will lose money when speculating in cryptocurrencies.
Third, look at the K-line chart. When it is a negative line, we try to buy, and when it is a positive line, we consider selling.
Fourth, if the price falls slowly, the rebound will be slow; if it falls quickly, the rebound will be strong.
Fifth, the position should be built according to the pyramid, which is the old rule of value investing.
Sixth, if a currency rises or falls sharply, it will certainly remain sideways for a while. At this time, do not sell everything at the high point and do not buy everything at the low point. After the sideways movement, it is a change. If it falls from the high point, you should quickly clear the position.
