The dumbest method of trading cryptocurrencies.
Let’s talk about some basic questions that fans often ask, which I realized during my low points. My approach is actually simple and effective, making it very suitable for friends who are new to the cryptocurrency market. I suggest saving it and reading it multiple times.
Investment should be cautious.
In the cryptocurrency market, there is a seemingly simple yet intricate 'dumb method' that can roughly predict the day's ups and downs based on the market situation 30 minutes after opening, with a precision that is almost negligible. It is not an exaggeration to say that friends who see this article, even if they have experienced setbacks in the cryptocurrency market before, may reignite their enthusiasm for participating in cryptocurrency investments.
I have personally benefited greatly from this method. When I first entered the cryptocurrency market, I dived in with 300,000 funds and experienced many ups and downs, but I never gave up. Through in-depth research and repeated practice of this method, I achieved the results I have today.
What I am going to share today is definitely practical knowledge that you have never heard before. I have condensed these experiences into 6 simple and easy-to-understand phrases, which can be useful the day after reading when the market opens, helping you seize opportunities in cryptocurrency trading.
The first phrase: Within 30 minutes after the market opens, the cryptocurrency price rises first and then falls, and during the rebound, it quickly drops below the opening price. This usually means that short-term main funds have exited, and there is a high probability of a significant drop afterward. At this point, decisively selling is the wise choice; do not hesitate, take action quickly.
The second phrase: Half an hour after the market opens, the price rises first and then falls back, but it does not drop below the opening price during the fall. This indicates that retail investors may be taking profits, and the main funds are likely to make another effort in the afternoon to push the price up. At this time, hold on with peace of mind and patiently wait for profits.
The third phrase: Half an hour after the market opens, the price falls first and then rebounds, but during the rebound, it fails to break through the opening price and quickly falls back. This indicates that the price rebound may just be retail investors trying to buy at the bottom, and the main funds may have already withdrawn. It is highly likely that the price will continue to fall, so take the opportunity to sell during the rebound.
The fourth phrase: Half an hour after the market opens, the price falls first and then rebounds, and eventually breaks through the opening price. This is a signal of strong main force entering to buy at the bottom. At this time, one should decisively follow the main force's rhythm, boldly enter the market, and wait for profits.
The fifth phrase: Half an hour after the market opens, the cryptocurrency price rises slightly, with an increase not exceeding 3 points, followed by slight fluctuations above the moving average, and trading volume gradually increases. This situation requires special attention, as the main force may soon take significant action. Prepare in advance to seize the wealth opportunity.
The sixth phrase: Half an hour after the market opens, the price fluctuates slightly without significant volatility. This indicates that there is no main fund attention on this cryptocurrency in the short term, so we should maintain a wait-and-see attitude and patiently wait for a better entry opportunity.
Save these 6 sentences, ponder them repeatedly, and carefully experience them in conjunction with the market situation; you will definitely benefit greatly.
