$BTC I have been trading cryptocurrencies for 10 years, earning millions. To change your destiny, you must give the crypto world a try. If you can't make money in this circle, ordinary people will have no chance in their lifetime.
Methods of trading:
1. Buy mainstream valuable coins with large positions, spot trading (do not engage in contracts), regardless of whether it rises or falls, hold it for the medium to long term based on your entry price, and use rolling warehouse strategies (adding or reducing positions).
When the market crashes, don’t panic if it doesn’t break the 20-day line for four hours, for several reasons:
a. Contract explosion: If you don’t have the skills, don’t easily play with contracts; they are completely different from spot data. Protecting your principal is essential to continue enjoying the dividends of a bull market!
b. Pullback demand: After a sharp rise in mainstream valuable coins, they often need to pull back to the 5-day line or even the 10-day line before they can gather energy for further rises!
c. Cutting leeks: Retail investors like to chase highs and sell lows. After retail investors chase high, the big players will quickly sell off, scaring retail investors into cutting losses.
2. For profitable positions, reduce your holdings in advance or sell in batches at high points to lock in profits;
3. Place orders in batches at the 5-day line, 10-day line, and 30-day line on the daily chart in advance to buy low;
4. Use the life line trading strategy to determine the trend of rises and falls. If the trend changes and breaks down effectively, reduce holdings in time after a retracement to the life line.
5. During a surge, always have a risk awareness; do not blindly chase highs. During a crash, have an opportunity awareness and buy low in batches.
6. For profitable chips, moderately reduce your position to avoid rollercoaster trading, and for bottom-fishing positions, set stop-loss orders to protect your principal. $BTC $ETH $XRP
7. If the direction is unclear, it’s better to miss out than to make a wrong move; protect your principal so you can smile longer.
8. New group members should not be eager to make money, especially not greedy. First, seriously learn to follow trades, refine your heart and skills, practice with small funds, familiarize yourself with the rise and fall patterns of cryptocurrency trading, and develop a market feel to reduce trading costs during learning and practice!
