Bi财小糕手
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After 6 years of trading cryptocurrencies, I made 18 million. Here are the methods:
1. Purchase mainstream valuable coins with large positions in spot trading (avoid contracts). No matter if it rises or falls, just hold it for the medium to long term. Enter based on the entry price and use the rolling position strategy (adding or reducing positions).
When the market crashes dramatically, don’t panic if the four-hour chart doesn't break the twenty-day moving average. There are several reasons:
a. Contract explosions: Without the right tools, don't play with contracts easily; the data differs completely from spot trading. Protecting your principal is essential to continue enjoying the benefits of a bull market!
b. Demand for pullbacks: After a sharp rise in mainstream valuable coins, they generally have to pull back to the five-day moving average or even the ten-day moving average before gaining momentum to rise again!
c. Cutting leeks: Retail investors often chase highs and cut losses. After retail investors rush to buy high, market makers will quickly drive prices down to scare retail investors into selling at a loss.
2. For profitable trades, reduce positions in advance or sell in batches at high points to lock in profits;
3. Set up sell orders in batches in advance at the five-day, ten-day, and thirty-day moving averages on the daily chart, buying low;
4. Use the life line strategy to judge the trend of rises and falls. If the trend changes and effectively breaks down, reduce positions in time when it pulls back to the life line.
5. During a sharp rise, always be aware of risks and do not blindly chase highs. During a sharp fall, be aware of opportunities and buy in batches at lower levels.
6. For profitable positions, reduce appropriately to avoid rollercoaster trading. For bottom-fishing orders, set stop losses to protect your principal.
7. If the direction is unclear, it's better to miss an opportunity than to make a mistake. Preserve your principal so you can smile longer.
8. Do not rush to make money, and do not be greedy. First, study and follow trades seriously, practice your skills with small amounts, familiarize yourself with the patterns of cryptocurrency trading, and find your market feel to reduce trading costs during learning and practice!
If you want to learn more about the cryptocurrency industry and get the latest information, click on my profile to follow me. If you’re a trader who can turn 10 times in a month, you're welcome to follow my trades. I publish market analysis and recommend high-quality potential coins daily.
1. Purchase mainstream valuable coins with large positions in spot trading (avoid contracts). No matter if it rises or falls, just hold it for the medium to long term. Enter based on the entry price and use the rolling position strategy (adding or reducing positions).
When the market crashes dramatically, don’t panic if the four-hour chart doesn't break the twenty-day moving average. There are several reasons:
a. Contract explosions: Without the right tools, don't play with contracts easily; the data differs completely from spot trading. Protecting your principal is essential to continue enjoying the benefits of a bull market!
b. Demand for pullbacks: After a sharp rise in mainstream valuable coins, they generally have to pull back to the five-day moving average or even the ten-day moving average before gaining momentum to rise again!
c. Cutting leeks: Retail investors often chase highs and cut losses. After retail investors rush to buy high, market makers will quickly drive prices down to scare retail investors into selling at a loss.
2. For profitable trades, reduce positions in advance or sell in batches at high points to lock in profits;
3. Set up sell orders in batches in advance at the five-day, ten-day, and thirty-day moving averages on the daily chart, buying low;
4. Use the life line strategy to judge the trend of rises and falls. If the trend changes and effectively breaks down, reduce positions in time when it pulls back to the life line.
5. During a sharp rise, always be aware of risks and do not blindly chase highs. During a sharp fall, be aware of opportunities and buy in batches at lower levels.
6. For profitable positions, reduce appropriately to avoid rollercoaster trading. For bottom-fishing orders, set stop losses to protect your principal.
7. If the direction is unclear, it's better to miss an opportunity than to make a mistake. Preserve your principal so you can smile longer.
8. Do not rush to make money, and do not be greedy. First, study and follow trades seriously, practice your skills with small amounts, familiarize yourself with the patterns of cryptocurrency trading, and find your market feel to reduce trading costs during learning and practice!
If you want to learn more about the cryptocurrency industry and get the latest information, click on my profile to follow me. If you’re a trader who can turn 10 times in a month, you're welcome to follow my trades. I publish market analysis and recommend high-quality potential coins daily.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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