I have been trading cryptocurrencies for 3 years, made 8 million, and want to change my fate. I must try the crypto world. If you can't make money in this circle, ordinary people will never have a chance in their lifetime.
Methods for trading cryptocurrencies:
1. Buy mainstream valuable coins in large positions, spot (do not do contracts), regardless of whether it rises or falls, just hold it for the medium to long term. Enter based on the entry price, and use the rolling position strategy (increasing or decreasing positions).
When encountering a significant market drop, do not panic if the 20-day line is not broken within four hours. There are several reasons: #币圈暴富
a. Contract blowout: If you don't have the right skills, don't easily play contracts; the data is completely different from spot. Preserving the principal allows you to continue enjoying the benefits of a bull market!
b. Pullback demand: After mainstream valuable coins surge, they generally need to pull back to the 5-day line or even the 10-day line to accumulate energy for further rises!
c. Cutting leeks: Retail investors 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 giving up their chips.
2. For profitable short-term trades, reduce positions in advance or sell in batches at high points to lock in profits; #美国稳定币法案
3: Pre-set orders at the daily level for the 5-day line, 10-day line, and 30-day line in batches to accumulate chips at low points. #比特币
4: Use the lifeline strategy to judge the trend of rises and falls. If the trend changes and effectively breaks down, pull back to the lifeline and timely reduce positions.
5. During surges, be aware of risks and do not blindly chase highs. During drops, be aware of opportunities and accumulate chips in batches at low points.
6: For profitable chips, appropriately reduce positions to avoid rollercoaster trading. For bottom-fishing orders, it is recommended to set stop-losses to preserve the principal. $BTC $XRP
7: If the direction is unclear, it is better to miss out than to make mistakes. Preserving the principal allows you to smile longer.
8: New group members should not rush to make money, and definitely do not be greedy. First, study seriously and follow the trades, refine your mindset and skills, practice with small amounts, familiarize yourself with the rise and fall patterns of digital currency trading, and find a trading sense to reduce costs while learning and practicing! #币安Alpha上新 #加密市场反弹
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