The key secret to making profits in cryptocurrency trading is actually — patience and waiting.

1. Only buy during a decline

Most losses in cryptocurrency trading come from buying at high points. When you haven't bought, price fluctuations don't concern you; once you've bought, you're afraid of declines. Therefore, waiting for the price to adjust sufficiently before entering can effectively reduce buying risks. The deeper the drop and the longer it lasts, the higher the safety margin when you decide to enter.

2. Remember the six waiting rules

Dare to buy during a big drop: When facing a sudden drop, keep some capital reserved and decisively buy at low prices. Don’t be afraid of further declines; avoid being fully invested in one go and getting stuck.

Sell during an increase: When prices rise, take profits in batches — sell a little on small rises and sell more on big rises. There's no need to aim for selling at the highest point.

Act only when the trend is clear: When technical signals are clear and moving averages are well-aligned, making buying or selling decisions becomes much safer.

Wait for volume confirmation: If price fluctuations aren't accompanied by trading volume, they can easily lead to false rallies. Volume increase is key for confirming signals.

Avoid choppy markets; wait for key points: Trade less during choppy periods; enter after breaking through resistance or confirming support, as this increases your win rate.

Exit before good news is realized: News realization often marks a reversal point in the market; "good news realized is bad news," so profits should be taken in advance.

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