The Bull is Here

When trading cryptocurrencies, please remember these twelve strategies:

1. If it rises by 10%, hold

2. If it rises by 20%, hold

3. If it rises by 30%, reduce your position by 10%

4. If it rises by 40%, reduce your position by 20%

5. If it rises by 50%, reduce your position by 30%

6. If it rises by 60%, reduce your position by 40%

7. If it rises by 100%, liquidate your position

8. If it falls by 10%, hold

9. If it falls by 20%, increase your position by 10%

10. If it falls by 30%, increase your position by 30%

11. If it falls by 50%, increase your position by 50%

12. If it falls by 100%, increase your position by 100%

The essence of trading cryptocurrencies is position control: sell small on small rises, sell large on large rises, add small on small falls, add large on large falls. Once you have bought, hold firmly; once you have sold, choose the next target. Following this trading philosophy, you will surely navigate smoothly in the cryptocurrency space.

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