A simple but effective way to make money in the crypto world:
Don't follow the crowd to trade
Most people lose money because they chase after rising prices and sell when prices drop. Smart people buy low when the market is panicking.Don't put all your money into one coin
Diversify your investments, keep at least 30% in cash. This way, when there’s a big drop, you have money to buy the dip.Don't invest all your money at once
Always leave some room; good opportunities are always there, being out of money is the most painful.
Remember: Be greedy when others are fearful, and be cautious when others are greedy. If you manage your positions well, you can outperform most people.
Six key rules for short-term trading
Sideways will eventually change: High-level consolidation waits for false breakouts, low-level grinding prevents crashes; don't act when the direction is unclear!
Sideways is a trap: 80% of liquidations happen during sideways movement; itching hands equal sending money!
Buy on the dip, sell on the surge: Don't be afraid of a big bearish candle, it's an opportunity; don't be greedy with a big bullish candle, run fast!
A crash equals huge profits: The harder it falls, the stronger the rebound; be ready to pick up money during a waterfall!
Pyramid adding positions: Add 10% for every 10% drop, cost basis low enough to make the market makers collapse!
Clear positions during a change: Withdraw the principal after a parabolic rise followed by sideways movement, and cut losses quickly after a parabolic drop followed by sideways movement.
Only 5% of people know this on-chain data. Follow me, and the Vermilion Bird trend will lead you to be among the few winners!