👉 The dumbest way to trade cryptocurrencies is often the most effective, and 90% of people can't stick with it. Many go bankrupt and leave the market due to three fatal mistakes: chasing after price increases, over-leveraging positions, and going all-in at the top.
Chasing highs and selling lows: Following the trend when prices rise and panicking when they fall; counter-cyclical operations are the key to cyclical profits.
Heavy betting: Going all-in may seem aggressive, but in reality, it makes it easy for major players to wipe out positions with their fluctuations.
Emotional all-in: Going all-in results in losing flexibility to adjust positions and missing opportunities to rotate positions within a trend.
Six-word short-term trading strategy:
Be cautious during consolidation: High-level consolidation or new highs, low-level sideways trading is prone to breaking new lows; stay observant before a trend change.
Stay out during sideways trading: Volatile markets can test patience; not entering is a form of stop-loss.
Buy on down days, sell on up days: Follow market sentiment; build positions when the daily close is bearish and take profits when it is bullish.
Identify opportunities during declines: Slow declines and rebounds are weak, while sharp declines and rebounds are urgent; rhythm judgment determines the ability to seize opportunities.
Build positions in batches: Pyramid-style entry preserves positions to cope with trend changes.
Wait for signals: After significant ups and downs, consolidation is inevitable; after consolidation, trend changes will occur. Don’t act impulsively at high and low points; wait for clear signals before taking action.
The market is not short of opportunities; what it lacks is discipline—only those who can persist with counter-intuitive operations, restrain emotions, and strictly adhere to positions can walk steadily and far in the cryptocurrency world. Experts are not just lucky; they have merely perfected the "dumb method" to the utmost.
Follow K's strategy to eliminate confusion in the cryptocurrency market; follow me for more detailed consultations and to catch the first trend direction. Are you ready?
