How can one trade cryptocurrencies without incurring losses?
These 6 points, you must learn
1. When trading cryptocurrencies, focus on the strong ones. If unsure, look at the 60-day moving average; enter or increase your position above the line, and withdraw below the line. This strategy works most of the time.
2. If something suddenly rises more than 50%, don't rush to chase it; it can be unsettling. It's more stable to enter at lower levels, reducing risk, and the potential for profit might be even greater.
3. There are always signals before a big surge, such as minor price fluctuations of 10% to 20%, but with low trading volume. At this point, slowly buying at lower levels can often catch the upward trend.
4. When a new hot trend emerges in the market, it will definitely be popular in the first few days. Seize this opportunity, follow the big capital, and earn money easily.
5. When a bear market arrives, your hands must be restrained; don’t make any moves for at least six months. In a poor market, operate less; knowing when to rest is what makes a master.
6. You must review your strategy every week; it’s not about whether you earned or lost, but whether your strategy is correct. If it is, stick to it; if not, adjust it. After a few months, your trading approach will be stable.
Recently, the $moodeng and $PNUT that I’ve been watching have achieved good returns; making money in a one-sided market is really as easy as drinking water.
