趋势占卜师
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There is a very foolish method for trading cryptocurrencies, but this method can almost eat away all profits, so take your time to learn. First, when trading cryptocurrencies, we should never do three things.
The first thing is to never buy during an uptrend; be greedy when others are fearful and fearful when others are greedy. You should buy during a downturn and make it a habit.
The second is to never place heavy bets.
The third is to never go all-in; being fully invested makes you very passive, and the market never lacks opportunities. The opportunity cost of being all-in can be very high.
Now, let’s talk about six key rules for short-term trading.
The first rule is that after the price consolidates at a high level, it usually reaches a new high again. Conversely, after consolidating at a low level, it often reaches a new low again. So, wait until the direction of the change is clear before making any moves.
The second rule is to avoid trading during sideways movements. Most people lose money in cryptocurrency trading because they can't adhere to this simple principle.
The third rule is to buy when we see a bearish candlestick and sell when we see a bullish candlestick in the daily chart.
The fourth rule is that when a downturn slows down, the rebound tends to be gradual, and the downturn can accelerate before the rebound.
The fifth rule is to build positions using a pyramid buying method, which is the only constant principle in value investing.
The sixth rule is that when a cryptocurrency continues to rise or falls for an extended period, it will inevitably enter a consolidation phase. At this point, there’s no need to sell everything at a high point, nor is it necessary to buy in fully at a low point. Because after consolidation, a change in trend will occur. If it changes direction from high to low, then you should clear your positions in a timely manner; in any case, you should act promptly.
The first thing is to never buy during an uptrend; be greedy when others are fearful and fearful when others are greedy. You should buy during a downturn and make it a habit.
The second is to never place heavy bets.
The third is to never go all-in; being fully invested makes you very passive, and the market never lacks opportunities. The opportunity cost of being all-in can be very high.
Now, let’s talk about six key rules for short-term trading.
The first rule is that after the price consolidates at a high level, it usually reaches a new high again. Conversely, after consolidating at a low level, it often reaches a new low again. So, wait until the direction of the change is clear before making any moves.
The second rule is to avoid trading during sideways movements. Most people lose money in cryptocurrency trading because they can't adhere to this simple principle.
The third rule is to buy when we see a bearish candlestick and sell when we see a bullish candlestick in the daily chart.
The fourth rule is that when a downturn slows down, the rebound tends to be gradual, and the downturn can accelerate before the rebound.
The fifth rule is to build positions using a pyramid buying method, which is the only constant principle in value investing.
The sixth rule is that when a cryptocurrency continues to rise or falls for an extended period, it will inevitably enter a consolidation phase. At this point, there’s no need to sell everything at a high point, nor is it necessary to buy in fully at a low point. Because after consolidation, a change in trend will occur. If it changes direction from high to low, then you should clear your positions in a timely manner; in any case, you should act promptly.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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