There is a very foolish method of trading cryptocurrencies that almost guarantees 100% profit. I made over 20 million using this method!

The following 8 rules for trading cryptocurrencies, if you truly understand them, will definitely help you avoid detours:

1. Averaging down is only for preserving capital; expecting huge profits is greed. When trapped, the purpose of averaging down is to reduce losses, not to seek profits; avoid blindly chasing rebounds.

2. Behind calm markets often lie significant fluctuations. Don't be deceived by temporarily stable markets; the market can change dramatically at any time.

3. After a big rise, there must be a correction; be cautious if the K-line forms a triangle for too long. After a substantial rise, a correction will follow, this is a hard rule. Observe market patterns to avoid being trapped at high levels.

4. Buy on down days, sell on up days; counter-trend trading is the key. Buy when others are panicking, sell when others are frenzied; this is the way of the experts.

5. Don't sell at highs, don't buy at lows; never act during sideways markets. Don't rush to sell when the market is at a high; decisively enter when it breaks support, and refrain from acting during sideways movements.

6. Look for resistance levels when the market is rising, and support levels when it is falling. Pay attention to resistance during uptrends and to support during downtrends, so you are well-informed.

7. Full position trading is a major taboo; stubbornness is not advisable. The cryptocurrency market is unpredictable; always maintain flexibility. Position management is crucial; being able to enter and exit freely allows you to navigate with ease.

8. Trading cryptocurrencies is about mindset; greed and fear are the biggest enemies. Chasing rises and selling on dips will only lead to greater losses. Maintain a steady mindset to remain undefeated in the market.

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