The golden rules for making money in cryptocurrency trading, understand them to avoid three years of detours!
To make money, remember these nine sayings: Horizontal trading and pullbacks are buying points, when the market is crazy, run away quickly; a slow rise is the real deal, if there are consecutive surges, be ready to escape; after a violent rise, there must be a pullback, don't rush to bottom fish unless you've cleared the deep pit; an accelerated climb often signals the end, in case of a crash, run fast, and during a slow rise, you can hold longer; a no-volume crash is mostly just a scare tactic, but a continuous drop with increasing volume must be cut decisively; don't hesitate to break through key moving averages, just hop on for a swing trade; watch the main trend with daily and monthly charts, it’s safest to follow large funds for building positions; a rise without volume is a trap for inducing more buying, definitely don’t stand guard; a drop in volume to new lows might be the bottom, and a volume rebound is a signal to enter!
There are many ways to make money in the crypto space, there’s always one that suits you: short-term trading for excitement, long-term holding of valuable coins for passive income, participating in exchange IEOs for profit, grabbing airdrops at zero cost to get rich, DeFi mining for interest, buying mining machines to become a landlord, GameFi for earning while playing, seizing early-stage tokens in the primary market, if you believe in a project, donate early to bet on the future! Remember, don't be greedy; finding the strategy that suits you best is the key. The biggest fear in the crypto space is trying to do everything and ending up failing at all!
This market changes every day, so you have to seize the right timing to act. If you still feel confused, you can follow me; I usually share some cutting-edge news and practical strategies. You're welcome to discuss anytime, let's seize the big opportunities together!
