Brother Fish began to come into contact with Bitcoin, Ethereum, and Dogecoin in 2013.
He was also one of the first in the country to mine Dogecoin using graphics cards. At that time, he could mine over 30,000 Dogecoins in a day. Later, he found mining too slow and directly bought 10 million Dogecoins at around 0.0005-0.001. In 2014, he started mining Ethereum with graphics cards in 2022. Later, he purchased 60,000 GT around 1.6-2.6 and played with TRX. By 2020, his account made a furious profit of 5 million.
Then, in 2020, I was cheated out of 400,000, in 2022 I suffered a contract liquidation loss of 600,000, and lost 300,000 in mining, accumulating a total loss of 5 million. Now I have made a furious profit of 8 million. Looking at the current cryptocurrency market, many people are losing money. Today I decided to share my experiences of these years in trading cryptocurrencies, how to survive in this market, and how to keep myself invincible. At least it can help you avoid years of detours, and what you learn directly can help you turn losses into gains! 👇
Understanding Trends: How to Understand Trends, trend lines are divided into long-term trends and short-term trends. Long-term trends look at daily, weekly, and monthly charts, while short-term trends look at 5-minute, 1-hour, and 4-hour charts. Trend rules: Bull markets will rise over time, bear markets will fall over time, sudden surges will hit the top and retreat, sudden crashes will hit the bottom and rebound. Observe trading volume; increasing volume breaking through resistance indicates a bullish trend, while increasing volume breaking down through support indicates a bearish trend.
Important: Pay attention to the MACD line trend, it's very useful. This mainly looks at three indicators: First, the MACD operating range, bullish above the 0 axis, bearish below the 0 axis. Second, a golden cross of the fast line and slow line indicates a bullish trend. Third, a death cross of the fast line and slow line indicates a bearish trend.
Observing Price Points: If the closing price can rise every day, it indicates that the main force is coming into play. If the closing can stay above the resistance level, then the probability of a true breakout is very high!
Observing Volume Shrinkage: Before a coin surges, the coin price has already gone through a long period of low volume consolidation. The trading volume is not large; the longer the better. Patience is key while waiting for the main force to finish accumulating before suddenly launching the price, at least three times the volume.
Rectangle: Usually, rectangles can be used for marking. During a decline, there is support in that range, and if it stays long enough in that area, then this position is the resistance level for a rise. Conversely, it is the support level.
If you haven't learned yet, you only have two choices now:
（Choose A）❌Gambler
☹ Continuing to fight alone, relying on luck to make money, will ultimately be defeated by strength and drowned in the market tide!
（Choose B）✅Join the team
If you want to eat meat, look for Brother Fish. Brother Fish won't bring fans to blow up the warehouse, nor will he blindly open positions.
Continue to pay attention to BTC, ETH, BNB