If you are determined to trade cryptocurrencies for a lifetime and hope to one day support your family through trading! Then, please remember the following iron rules; the content is not much, but every sentence is practical advice, shared with those who are destined to receive it!
If a strong coin falls continuously for 9 days from a high position, be sure to follow up in a timely manner.
If any coin rises for two consecutive days, be sure to reduce your position in a timely manner.
If any coin rises more than 7%, there may still be a chance for further gains the next day; you can continue to observe.
For strong bull coins, be sure to wait until the correction is over before entering the market.
If any coin has been stable for three consecutive days, observe for another three days; if there is no change, consider switching.
If any coin fails to earn back the previous day's cost the next day, you should exit in a timely manner.
In the ranking of price increases, where there are three, there will be five; where there are five, there will be seven. Coins that have risen for two consecutive days should be bought on dips, as the fifth day is usually a good selling opportunity.
Volume and price indicators are crucial; trading volume can be considered the soul of the cryptocurrency market. When the coin price breaks out with increased volume at a low level, it needs attention; if there is increased volume stagnation at a high level, you should decisively exit the market.
Only choose coins that are in an upward trend for trading operations; this maximizes your chances and won't waste your time.
When the 3-day moving average turns upward, it indicates a short-term rise; when the 30-day moving average turns upward, it indicates a medium-term rise; when the 80-day moving average turns upward, it indicates a major upward trend; when the 120-day moving average turns upward, it indicates a long-term rise.
In the cryptocurrency space, small funds do not mean no opportunity. As long as you master the correct methods, maintain a rational mindset, strictly execute strategies, and patiently wait for opportunities to arise.
My cryptocurrency trading method is very simple and practical. I made it to eight figures in just one year by entering the market only when I saw opportunities, not trading without patterns, and I have maintained a win rate of over 90% for five years!