I've been trading cryptocurrencies for 6 years, earning 10 million. If I want to change my destiny, I must try out the crypto world. If you can't make money in this space, ordinary people won't have a chance in their lifetime.
Methods for trading:
1. Buy mainstream valuable coins in large positions, spot trading (don't do contracts), regardless of their rise or fall, just hold them for the medium to long term. Enter based on the entry price, and use the rolling position strategy (increase or decrease positions).
When encountering a significant market crash, don't panic if the four-hour chart doesn't break the 20-day moving average. There are several reasons: #Strategy增持比特币
a. Contract explosion: If you don't have a solid foundation, don't easily play contracts; they are completely different from spot trading. Preserving the principal is essential to continue enjoying the bull market dividends! #美国稳定币法案
b. Pullback demand: After a surge in mainstream valuable coins, if there is a gap up above the 5-day moving average, it generally needs to pull back to the 5-day moving average or even the 10-day moving average before it can build momentum for further rises! #币圈暴富
c. Cutting leeks: Retail investors and novices like to chase highs and sell lows. After retail investors chase high, the market makers will quickly drop, scaring retail investors into cutting losses and surrendering their chips.
2. For profitable trades, reduce positions in advance, or sell in batches at high levels to lock in profits;
3. Set up buy orders in batches in advance at the 5-day, 10-day, and 30-day moving averages on the daily chart, and buy low to accumulate chips.
4. Use the lifeline strategy to judge the trend of rises and falls. If the trend changes and effectively breaks down, and pulls back to the lifeline, reduce positions in time.
5. When there is a surge, always have risk awareness; don’t blindly chase highs. When there is a crash, be aware of opportunities and accumulate chips in batches at low levels.
6. For profitable chips, moderately reduce positions to avoid rollercoaster trading. For bottom-fishing trades, it is recommended to set stop-loss orders to preserve your principal. $BTC C $ETH $XRP
7. If the direction is unclear, it's better to miss an opportunity than to make a mistake. Keep your principal safe, and you'll be able to smile longer.
8. New group members should not be in a hurry to make money, and should avoid greed. First, study trading carefully, practice trading skills with small amounts, familiarize yourself with the rise and fall patterns of digital currency trading, find your trading sense to reduce transaction costs during learning and practice! #币安Alpha上新 #加密市场反弹
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