I use a very foolish method for trading cryptocurrencies, with a success rate close to 100%! If you follow this and it doesn't work, come find me!
1. Better to miss out than to make a mistake because the entry point directly determines the exit point, and also determines how much profit you make. Therefore, in my operating process, the entry point is absolutely crucial. Some stocks may seem like they will rise, and the upward momentum is strong, but if there is no buying point, then you can only miss out, or participate with a small position. Because without a buying point, if it has already gone up, it means the entry cost is higher than others, and it's easy to help others make profits in the short term. If the funds are large, even a slight pullback can be psychologically unsettling. So either you miss out or wait for a pullback to find a good entry point. #币圈
2. Always leave yourself an exit. Everyone is the same; at first, we are blinded by greed, and we go all in, especially when we feel very confident. As we gain more experience, we find that sometimes there are many surprises. Although the general direction may be right, many times the entry points we think are still quite far from reality. #币圈暴富
3. Earn your rightful share, only take a sip from the vast ocean. Most retail investors at the beginning of their trading journey want to eat from the start to the end of each cryptocurrency, wanting to capture all the upward portions and avoid all the downward portions. After several years, they end up with nothing, and in hindsight, they realize that they need to focus on a certain pattern. I specifically trade confirmed bottom patterns, so what I share is all centered around the bottom. I won’t chase after accelerated upward patterns without a bottom. We just need to open any candlestick pattern + list out the profitable patterns and choose a common one. #比特币
4. The more you lose in cryptocurrency trading, the more cautious you should be when averaging down. Many people become very anxious after being trapped in trades, and instead of considering exiting, they keep averaging down to lower their holding costs, hoping for a sudden surge to break even, which actually goes against common sense. #CPI数据来袭
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