Novice beginners learn how to trade cryptocurrencies, and from now on, they will feel like they are cheating in the crypto world!!
Master the following 10 rules firmly
1. If a strong coin has dropped for 9 consecutive days at a high level, make sure to follow up in time.
2. If any coin has risen for two consecutive days, make sure to reduce your position in time.
3. If any coin has surged more than 7%, there may still be a chance for further gains the next day, so continue to observe.#巨鲸动向
4. For strong bullish coins, make sure to enter the market only after the pullback has ended.
5. If any coin has had three consecutive days of dull fluctuations, observe for another three days; if there is no change, consider switching.
6. If any coin fails to recover the previous day's cost price the next day, exit in time.
7. If there are three on the gain list, there must be five; if there are five, there must be seven. Coins that have risen for two consecutive days should be bought on dips, and the fifth day is usually a good selling point.
8. Volume and price indicators are crucial; trading volume is considered the soul of the crypto world. When the price breaks out from a low during consolidation, it needs attention; when there is a volume surge at a high level with stagnation, exit decisively.
9. Only choose coins that are in an upward trend for trading, as this maximizes your chances and won't waste your time. If the 3-day moving average is turning upwards, it indicates a short-term rise; a 30-day moving average turning upwards means a medium-term rise; an 80-day moving average turning upwards indicates a major uptrend; a 120-day moving average turning upwards indicates a long-term rise.#MichaelSaylor暗示增持BTC
10. In the crypto world, small funds do 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 come.
The market changes every day; you must seize the right moment to act. If you are still too confused, you can follow me; I will regularly share some cutting-edge information and practical strategies. Feel free to discuss and let’s seize the big opportunities together!