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

First: Trend-based profit-taking. Traders have their own trading and money management plans, and when formulating these plans, there should be an entry price level and a profit target. When you are trading with the trend, as long as it is a profitable position, you should hold it. If the trend remains unchanged, the position remains unchanged. #稳定币日常支付

When the market price reaches important support and resistance levels, pay close attention to market movements and use various methods to analyze whether there are signs of a trend reversal. If you believe the market has reversed, you should take profit $ETH .

Second: When you choose the right entry timing and trade according to your trading plan, evidence shows you are trading with the trend, so you should firmly hold your position and let it profit as the market changes. When adjustments occur, there is no need to panic; you should still hold your position. However, there is one situation where you must close your position: when the market price retraces to around your entry price and nearly all your position's profit is eaten away, you must take profit and exit $XRP .

Third: When you are trading with the trend and your held position has substantial profit, but you are worried about a market adjustment, or the market price is near support or resistance levels, you can also adopt a gradual profit-taking method to avoid risk and expand your gains #美国加征关税 .

For example, if you have established a short position and the market is declining, and your held position has considerable profit, when the market price drops to a historically significant resistance level, you can reduce your position by 1/3 or half, continuing to hold the remaining position and observing trading conditions near the resistance level #山寨季何时到来？ .

If it breaks through the resistance level and continues to decline, you should restore the position you have already closed; if there are signs of a trend reversal near the resistance level, you should close all positions and take profits $BTC .

If you are also a technical enthusiast studying technical operations in the cryptocurrency circle, feel free to check out my article on the account "Sunny Days in the Crypto Circle," where you will get the latest cryptocurrency information and trading techniques.