Can you 'earn forever' with 5000? Learn these 6 tricks, even a beginner in the crypto world can make 1 million!
Don't say you lack funds, experience, or the ability to read charts. As long as you follow this simplest and most practical trading method, you can turn 5000 into 1 million!
1. Diversify your investments, the first step to guaranteed wins!
Don't go all in right away!
Divide your funds into 5 parts, and only use one-fifth each time.
Set a 10% stop-loss, with a maximum loss of only 2% of your total funds.
If you make 5 wrong calls, you'll lose 10%, but if you get just 1 right and earn 10%+, you'll break even or even make a small profit!
Steady, that's the key word!
2. Trade with the trend, stop getting cut!
What does it mean to trade with the trend?
A rebound in a downtrend is just a bait!
A drop in an uptrend is called a golden pit!
Stop fantasizing about bottom fishing for quick profits; buying low in line with the trend is the right path!
Don't go against the trend; there's no second way to survive in the crypto world.
3. Don't chase highs, don't gamble your life!
Cryptos that spike in the short term, whether mainstream or junk coins, always drop after a surge.
Can a coin that has spiked continue to soar? It must have incredibly strong funds pushing it up! Be realistic!
Chasing highs is the biggest cause of losses for newbies, remember this fundamental rule.
4. Use MACD to check direction, stop guessing!
Golden cross above the 0 line = Buy signal!
Death cross below the 0 line = Sell signal!
When you're unsure of the direction, check the MACD; it's simple and practical.
The tools aren't complicated; the key is knowing how to use them.
5. Breakthrough with volume, keep an eye on trading volume!
Trading volume = the market's sentiment.
A price breakthrough at a low level with high volume indicates real money is coming in!
Only get in when there's buying pressure; if no one is picking it up, get out quickly!
6. Only trade coins in an uptrend, don't waste your time!
A turning up on the 3-day line = Short-term start
A turning up on the 30-day line = Medium-term rise
A turning up on the 84-day line = Major uptrend start
A turning up on the 120-day line = Long-term bull coin
Only trade coins that are turning upward; don't risk your life in choppy or downward markets.
Last night, one statement from Trump sent the entire internet into ecstasy, and TRUMP shot up by 50%!
Did you keep up? If you didn't, it's okay.
We are about to position for the next doubling coin; leave '222' below 🚗
Focus for today: TAO
