I have used the dumbest method for trading cryptocurrencies, and my winning rate is nearly 100%! (A must-read for all cryptocurrency traders)

1. Only participate in the irreversible upward trends of the market

"Only participate in the irreversible upward trends of the market"; the market is a fact, it cannot be questioned or challenged, and the trend is irreversible. As an investor, you must dare to recognize mistakes, correct them at any time, refuse uncertain market conditions, and engage in trends that even the big players must follow. Understand the importance of going with the flow.

2. Refuse frequent trading

The casino is open 24 hours, there is no need to frequently place orders. There are many logics such as timing, trial and error, and position control. We advocate waiting for the perfect opportunity like a hunter, rather than hastily investing at the sight of prey.

3. Do not blindly trust technical indicators

Firstly, we must acknowledge that any technical indicator has its lagging nature. For example, when the MACD indicator gives a buy signal with a golden cross, the coin has already experienced a surge, and at the moment the golden cross appears, you could very well be the one holding the bag!

4. Buy and forget about the cost price

When you short or go long, the cost price has no relation to any subsequent operations, because whether to sell depends on market trends, and it has nothing to do with whether you are still in profit. If the pattern is favorable, continue to hold; if it deteriorates, reduce your position or even liquidate completely.

5. Participate with money you can afford to lose.

Trade cryptocurrencies with spare money. Investment carries risks, and investors can increase their investment after mastering the game’s profit strategies. Until then, it is crucial to participate with money you can afford to lose, as borrowing money often leads to significant losses!

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