The dumbest method of trading cryptocurrencies will gradually make you rich. Firmly grasp the following 10 rules.
The latest news in the crypto market
Learn this dumbest method of trading cryptocurrencies, and you will gradually become rich. Firmly grasp the following 10 rules: 1. If a strong cryptocurrency falls continuously for 9 days from a high position, make sure to follow up in a timely manner. 2. If any cryptocurrency rises for two consecutive days, be sure to reduce your holdings in a timely manner. 3. If any cryptocurrency rises more than 7%, you may continue to observe the opportunity for a rebound the next day when it reaches a high point. 4. Always wait for a previous bull market to end before entering the market. 5. If any cryptocurrency has flat fluctuations for three consecutive days, observe for another three days; if there is no change, consider switching holdings. 6. If any cryptocurrency fails to earn back the previous day's cost price the next day, you should exit in a timely manner. 7. In the rise rankings, where there are three, there must be five, and where there are five, there must be seven. For cryptocurrencies that have risen for two consecutive days, buy on dips; the fifth day is usually a good selling point. 8. Volume-price indicators are crucial. Trading volume is considered the soul of the crypto circle. When the price breaks out with increased volume at a low consolidation level, it should be noted; if there is a volume stagnation at a high level, exit decisively. 9. Only choose cryptocurrencies in an upward trend for operation; this maximizes wins and avoids waste. 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; the 80-day moving average turning upward indicates a major upward trend; the 120-day moving average turning upward indicates a long-term rise. 10. In the crypto circle, small funds do not mean no opportunities. As long as you master the correct methods, maintain a rational mindset, and strictly implement strategies while waiting for opportunities to arise. Finally, I advise everyone not to trade cryptocurrencies full-time, and especially not to trade cryptocurrencies on borrowed funds, or you will suffer greatly!