Cryptocurrency Comeback Secrets: 5 Life-Saving Rules to Help You Turn the Bull Market Around!
In the cryptocurrency world, some become rich overnight while others lose everything. If your funds are limited but you desire to make a fortune in the bull market, the following 7 rules can be considered your 'life-saving talisman', especially the 7th rule, where countless people have stumbled!
1. A Great Opportunity to Enter Under the Night Sky
During the day, news in the cryptocurrency world is rampant and hard to distinguish between true and false, with market conditions being stirred by short-term emotions. Don’t blindly follow the crowd; wait for nightfall, after 9 PM, when the news becomes clearer and the K-line trend is more real and reliable. Entering at this time allows for more accurate direction judgment!
2. The Wisdom of Taking Profits
Don’t be greedy after making money! For example, if you earn 1000 USDT in a day, immediately withdraw 30% to your bank card and continue playing with the rest. Many people return to square one because they wanted to earn more after making some profits. Remember, the money you have in hand is real!
3. The Trading Treasure of Indicator Resonance
Don’t trade based on feelings! Use tools like TradingView to closely monitor the three major indicators: MACD, RSI, and Bollinger Bands. Use MACD golden/death crosses to observe trends, find entry and exit points with RSI overbought/oversold signals, and determine direction with Bollinger Band squeezes. At least two indicators should signal the same before making a decisive move!
4. Dynamic Stop-Loss as Your Protective Armor
• While watching the market: If you’re in profit, manually raise your stop-loss position, e.g., if your cost is 1000 USDT and it rises to 1100 USDT, raise the stop-loss to 1050 USDT to lock in floating profits;
• When exiting: Set a hard stop-loss of 3%, e.g., if your cost is 1000 USDT, run immediately if it falls below 970 USDT to prevent a black swan event.
5. The Wealth Code of Weekly Withdrawals
Every Friday without fail, transfer 30% of your profits to your bank card. Unwithdrawn profits are just numbers; regularly taking profits can help accumulate real wealth and avoid the risks that come with account inflation.
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