Xiao Bai distinguishes trades based on articles. After a month, look back and see if you can make money!!
When the market crashes, while others' coins plummet, yours only drops a little, what does that indicate? There are market makers secretly supporting the price!
Don't panic sell such coins; hold on tight!
A must-learn 'fool's indicator' for beginners: focus on the 5-day moving average! If the coin price is above the 5-day line, hold on with confidence.
If it falls below the 5-day line, sell immediately!
For medium-term: watch the 20-day moving average! As long as the coin price hasn’t fallen below the 20-day line, don’t make rash moves; if it falls, withdraw quickly!
The 'guideline for entering the main upward wave': when the coin price starts to soar and there hasn’t been a massive sell-off yet, buy decisively! Hold on while it’s rising and don’t panic at small drops.
But if there’s suddenly a large sell-off and the price breaks the upward trend, run quickly!
The '3-day rule' for short-term trading: if the price hasn’t risen within 3 days after buying, sell if you can! If it drops after buying and you’re down 5%, cut your losses immediately! Don’t think about 'waiting a bit longer',
The 'bottom-fishing opportunity' for oversold coins: if a coin has dropped by half from its peak and has fallen for 8 consecutive days, that’s 'oversold'!
When it's time to act, act decisively; a rebound could come at any moment!
Stick to leading coins; only trade with the leaders! When they rise, they surge the most; when they fall, they resist the drop best.
Don't be greedy buying obscure coins, and don’t be afraid to chase after leading coins at a high price.
Buy at a high point and sell at an even higher point!
Follow the trend; don’t always think about 'catching the bottom'. In a downtrend, there is no lowest point, only lower!
Go with the flow; decisively give up on coins that need to be abandoned; the trend is the boss!
Establish your own trading system; this is the core of making money!
If you’re not confident, don’t force it! Being in cash is also a strategy,
Trading is not about who does more, but about who does it right!
The leading coin lifts the second tier: when the leading coin doubles, quickly look for other coins in the same sector that haven’t risen much! Just like the leader eats meat, the younger brothers can also sip the soup.
Beginners should practice on a simulated account first; don’t let a single trade lose more than 2% of your total capital! There’s no shortcut to making money, but there are methods! Follow me, and I’ll help you navigate the crypto world with fewer detours!