I used the dumbest method for trading coins, and my win rate is close to 100%! (A must-read for all coin traders)
1. A sharp drop is the touchstone for assessing quality coins. If the market plummets and your coin only slightly declines, it is clear that the major players are protecting their holdings and refusing to let it drop. Therefore, such coins can be held with confidence, and there will be rewards.
2. Once a major upward trend forms and there is no significant volume increase, decisively enter the market. Hold the coin during volume increases; if the volume decreases and the downward trend hasn't broken, continue to hold. If a volume drop breaks the trend, quickly reduce your position. $ETH
3. If there is no fluctuation three days after a short-term purchase, sell if possible. If the price drops instead of rising after purchase, cut losses unconditionally at 5%. $BTC
4. If a coin drops 50% from its high and has fallen for 8 consecutive days, it has entered an oversold channel, and a rebound is imminent, you can follow in. #币圈
5. When trading coins, focus on the leaders; only trade the leaders, ignore the lesser coins. This is because when prices rise, the leading coins rise the most, and when prices fall, they resist declines the best. Don't hesitate to enter; trading often goes against human instinct. Don't buy just because the price has fallen significantly, and don’t avoid buying just because the price has risen a lot. The more you hesitate to buy, the more it rises; the more you are willing to buy, the more it falls. The strong will always be strong; in trading leaders, the most important thing is to buy at high prices and sell at even higher prices! #币圈暴富
6. Embrace the trend and go with the flow. The price at which you buy is not necessarily better when it’s lower, but rather when it’s more suitable. You won't gain an advantage just because the purchase price is low, as a decline doesn't indicate a bottom. Abandon worthless coins; the trend is king.
7. Don’t let the thrill of profit cloud your judgment. Remember, the hardest thing in the world is how to sustain profits. You must seriously review whether it was luck or skill; a stable trading system that suits you is the key to continuous profit. #特朗普暂停新关税
8. Don’t trade just for the sake of trading. What does that mean? It means that if you don’t have enough certainty that this trade will be profitable, don’t force yourself to open a position. Holding a position is an art; those who can buy are apprentices, those who can sell are masters, and those who can hold are the grandmasters. The primary consideration in trading is not profit but capital preservation. Trading is not about frequency but about success rate! #比特币
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