Learn how to trade cryptocurrencies, and from now on, it will feel like you're on a cheat mode in the crypto world!!
Master the following 10 rules firmly
1. If a strong coin has dropped at a high position for 9 consecutive days, be sure to follow up in a timely manner.
2. If any cryptocurrency has risen for two consecutive days, be sure to reduce your position in a timely manner.
3. If any cryptocurrency has increased by more than 7%, there is still a chance for further gains the next day; you can continue to observe.
4. For strong leading coins, be sure to wait until the pullback is over before entering the market.
5. If any cryptocurrency has shown flat fluctuations for three consecutive days, observe for another three days; if there is no change, consider switching.
6. If any cryptocurrency fails to earn back the previous day's cost price the next day, you should exit in a timely manner.
7. In the rising list, where there are three, there must be five; where there are five, there must be seven. For cryptocurrencies that have risen for two consecutive days, enter at a low point; the fifth day is usually a good selling point.
8. Volume and price indicators are crucial; trading volume is the soul of the crypto world. When the price breaks out at a low level during consolidation, it needs to be monitored; when there is a volume surge at a high level with stagnation, exit decisively.
9. Only choose cryptocurrencies that are in an upward trend for trading, as this maximizes your chances and saves time. A 3-day moving average turning upwards indicates short-term rises; a 30-day moving average turning upwards signifies medium-term rises; an 80-day moving average turning upwards indicates a major upward trend; a 120-day moving average turning upwards indicates long-term rises.
10. In the crypto world, small capital does not mean no opportunities. As long as you master the correct methods, maintain a rational mindset, strictly execute strategies, and patiently wait for opportunities to arise.
You can also achieve a reversal of wealth in this land full of opportunities. Remember, while the crypto world is good, the risks are also great. Only by continuously learning, summarizing experiences, and constantly improving yourself can you go further!
#美国加密战略储备 #BNBChainMeme热潮 #加密市场反弹 #CZ新代币模型设想 #白宫首届加密货币峰会
Last week's classic work