Today, I present to you 10 proven lazy earning rules; mastering this foolproof cryptocurrency trading formula will help your assets achieve snowball growth. It is highly recommended to save and read repeatedly.
Bottom Fishing Rule+. When a strong cryptocurrency falls for 9 consecutive days at a high, this is likely an excellent bottom fishing signal. At this time, do not hesitate, act decisively; such a continuous decline often reveals real investment opportunities, known as golden pits. In the cryptocurrency market, significant price corrections can sometimes be good opportunities to acquire low-priced chips, seizing such opportunities lays the foundation for future wealth growth.
Take Profit Rule+. If the cryptocurrency held rises for two consecutive days, it is necessary to consider reducing positions to lock in profits. The cryptocurrency market is unpredictable; there is no myth of only rising without falling. Timely securing the profits already gained is the most practical approach. Avoid missing the best profit-taking opportunities due to greed, leading to profit giving back.
High Spike Signal+. When a cryptocurrency shows a 7% increase, this is just the beginning of the trend. Typically, the next day, the cryptocurrency will continue to rise due to inertia; therefore, investors should closely monitor the market and not rush to exit. Patiently waiting for further price increases can yield greater returns.
Trend Code+. For those cryptocurrencies with long-term upward potential, the best entry point is when the correction ends. In cryptocurrency investment, it is essential to refuse blind chasing and panic selling. Patiently wait for the market correction to be in place, and enter the market in accordance with the trend, just like waiting for the wind to come, so you can easily ride the wealth growth express.
Market Change Warning*. If the price of a cryptocurrency has been sideways for three days, further observation is needed. If the sideways movement continues for six days without breaking through, investors should decisively choose to change positions and avoid getting too attached. Prolonged sideways movement without a breakthrough often indicates that the market may be about to change; timely adjustments to investment direction can effectively mitigate risks.
Stop Loss Iron Law+. If the cryptocurrency bought fails to recoup its cost the next day, the investor should immediately liquidate their position. In cryptocurrency investment, stop losses must be firm and decisive; once an investment direction is found to be incorrect, one must quickly cut losses. Hesitation often leads to greater losses; strictly implementing stop-loss strategies is essential to preserve strength in the market.
Continuous Rise Law+. When a cryptocurrency rises for three consecutive days, it often indicates that a five-day rising trend may follow. On the fifth day, investors should take profits; understanding when to sell is the key to successful investment in the cryptocurrency market. Accurately grasping the timing of selling can maximize profits.
Volume-Price Bible. When a cryptocurrency breaks out with increased volume at a low level, this is a clear entry signal. Increased trading volume indicates active market participation, suggesting prices are likely to continue rising. Conversely, if high volume stagnation occurs at a high level, it is a strong alarm to exit. At this time, investors should decisively exit at high levels to avoid falling into the predicament of price declines.
Moving Average Strategy+. In technical analysis, the 3-day moving average can be used to determine short-term trends, the 30-day moving average helps observe mid-term trends, the 80-day moving average is often related to major upward waves, and the 120-day moving average serves as a reference for long-term investment. Investors should choose cryptocurrencies with upward trends in moving averages for investment, following the trend can achieve steady profits and avoid fatigue and risks caused by frequent operations.
Counter-Deception Mindset+. Even with a small amount of capital, considerable returns can be achieved in the cryptocurrency market; the key is to refuse the interference of FOMO (Fear of Missing Out) emotions and strictly adhere to trading discipline. Persistently learning and practicing every day can improve your investment knowledge and skills by 1%, creating miracles of wealth growth through the power of compound interest.
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