If your account is below 1 million and you want to profit in the short term, there is indeed a timeless trading method in the cryptocurrency market, which is also a foolproof 'fool's technique.' Retail investors can easily grasp it at a glance; it's pure practical advice!
Everyone need not worry about whether you can learn it. I can seize this opportunity, and so can you. I'm not a god, just an ordinary person. The difference between others and me is that others have ignored this method. If you can learn this method and pay attention to it during future trading, it can help you earn an additional 3 to 10 points in profit every day.
1. Invest in batches: Suppose you have 10,000 yuan, divide it into five parts, and use only 2,000 yuan for each trade.
2. Test the waters: First, use 2,000 yuan to buy a cryptocurrency to test the waters.
3. Add to your position if it drops: If the cryptocurrency price drops by 10%, use another 2,000 yuan to add to your position.
4. Take profit if it rises: If the cryptocurrency price rises by 10%, sell part of it in time to lock in profits.
5. Repeat the cycle: Continuously buy and sell until your funds are exhausted or the cryptocurrency is sold out.
Strategic advantage: The benefit of this strategy is that even if the cryptocurrency price drops, you can calmly respond. By buying in batches, you avoid the risk of a one-time investment. Even if the price drops by half, you only gradually increase your position. Each time you sell, you can lock in a 10% profit. For example, if you have 100,000 yuan and invest 20,000 yuan each time, you can earn 2,000 yuan each time.
Main techniques include:
1. Technical analysis: Use charts and indicators to identify trends.
2. Fundamental analysis: Pay attention to news and macroeconomic factors.
3. Risk management: Set stop-loss orders and diversify investments.
4. Trading strategy: Determine entry and exit points and use different strategies.
5. Psychological factors: Maintain discipline and patience.
6. Practice and learning: Simulated trading and continuous learning.
7. Choose a reliable trading platform.
