A summary of years of practical experience in the cryptocurrency world, 10 key stable profit tips, simple and practical!
1️⃣ Strong coins have fallen for 9 days, decisively buy the dip
A strong coin falling for 9 consecutive days means that market risk has basically been released. Entering quickly at this time can often accurately capture the rebound opportunity.
2️⃣ After rising for two days, appropriately reduce positions to lock in profits
After two days of consecutive gains, the market usually enters an adjustment period. Timely position reduction can ensure profits are secured and avoid pullbacks that take away earnings.
3️⃣ Daily increase exceeds 7%, observe after a high on the next day
If a coin rises more than 7% in one day, it is likely to have upward space the next day. There is no need to rush to sell; patiently wait for a better selling point.
4️⃣ Enter the market after the correction of a bull coin ends, avoid chasing highs
In a bull market, do not blindly chase rising coins. Wait for a stable correction before entering to maximize profits.
5️⃣ Three days of sideways movement, observe for another three days
If a coin remains stable for three consecutive days, it is advisable to observe for another three days. If there is still no improvement, consider adjusting positions for a different track.
6️⃣ Unable to break even, decisively cut losses to avoid deep losses
If the next day fails to return to the previous day's cost price, decisively cut losses and exit. Do not harbor a fluke mindset to prevent losses from expanding.
7️⃣ After a two-day increase, target to sell on the fifth day
Market experience shows that the fifth day after a two-day increase is often a key selling point. You can buy low and aim to sell on the fifth day.
8️⃣ Volume and price are key; follow through on volume breakthroughs, decisively exit on stagnant volume
Trading volume determines market direction. A breakout with increased volume at low prices is a signal to enter, while stagnant high volume should prompt a decisive exit.
9️⃣ Only trade coins in an upward trend, go with the flow
📈 3-day moving average up = short-term bullish
📈 30-day moving average up = medium-term trend improving
📈 80-day moving average starting = signal for a major upward wave
📈 120-day moving average up = long-term major market
🔟 Small funds can also make a comeback; execution is key
The size of funds is not a decisive factor. The correct method + stable mindset + strict execution of strategy can still cut through the cryptocurrency world!
⚠️ The cryptocurrency world offers unlimited opportunities, but risks are equally huge. Continuous learning and review are essential to go further!