Bnb

Here are a few simple cryptocurrency trading methods that I hope will be useful to you.

1. If there are no familiar signals, do not act decisively. It is better to miss out on an opportunity than to place random orders.

2. Make trades after 9 PM. During the day, the news is too chaotic, with various false positives and negatives flying around, causing prices to fluctuate wildly, making it easy to get tricked into entering the market. After 9 PM, the news is generally stable, and the candlestick charts are cleaner, with clearer direction.

3. Look at indicators, not feelings; do not trade based on gut instinct.
Before making a trade, check these indicators:
· MACD: Is there a golden cross or death cross?
· RSI: Is there overbought or oversold?
· Bollinger Bands: Is there a squeeze or breakout?
At least two of the three indicators must give consistent signals before considering entering the market.

4. Stop Loss: Dignity is more important than money.
"If the direction is wrong, cut it immediately; hesitating for a second can result in a 10% loss."
Fixed stop loss method: 3% of the principal is the red line.
Dynamic stop loss method: After a 50% profit, if there is a 20% pullback, you must exit.

5. Withdraw funds on time every week.
For example, if you made 5000 USDT this week, don’t always think about doubling it! It is recommended that you immediately withdraw 1500 USDT to your bank card and continue playing with the rest.

6. There are tricks to reading candlestick charts.
For short-term trading, look at the 1-hour chart: if there are two consecutive bullish candles, you can consider going long.
Switch to the 4-hour chart to find support lines, and consider entering the market when the price approaches the support level.