Trading cryptocurrencies for ten years, from 300,000 to 26,500,000, the entire experience is as follows! Learn these few mantras to ensure you consistently profit in the crypto world and easily achieve 100 times returns!
Sharing some trading insights: When the price breaks through key levels, don't miss short-term opportunities. Explanation: Once the price breaks through an important support or resistance level, there may be a short-term trading opportunity. Don't hesitate, seize it quickly. After a big rise, there may be a pullback; don't rush to chase the highs.
Explanation: After a significant price increase, there is often a pullback process. At this time, don't be anxious to chase high prices; you need to stay calm.
If the price rises but the volume doesn't increase, the main force may be deceiving you. Explanation: If the price goes up, but the trading volume hasn't changed much, it could be that the main force is playing tricks to attract retail investors. Keep your eyes open.
If there is a sharp drop with low volume, don't panic; if there is a gradual drop with increasing volume, retreat. Explanation: When the price drops sharply but the trading volume is low, don't rush; if the price is slowly dropping and the volume is increasing, you need to retreat quickly.
When the main rise speeds up, it may be reaching the top. Explanation: If the price is rising rapidly, it is likely approaching the peak, so pay attention to the signals indicating the top and be prepared.
Don't chase high prices when buying; wait for a pullback before taking action. Explanation: When buying cryptocurrencies, never wait until the price is already very high; that is too risky. It's best to wait for a pullback when the price is relatively reasonable before buying.
Always look at daily and weekly charts; the main force's movements are key. Explanation: When observing price trends, don't just look at the daily chart; you also need to consider the weekly chart or even longer time frames to better grasp the main force's movements and market trends.
Don't panic during small rises and falls; be cautious during significant increases. Explanation: When prices are rising or falling slightly, there is no need to worry too much; however, if prices rise significantly for an extended period, you should be on high alert and not let market enthusiasm cloud your judgment.
If the price hits a new low with decreasing volume, it may be a bottom: When trading volume rebounds and the price rises, it is a good entry point. Explanation: If the price drops to a new low and the trading volume is also shrinking, it may have reached a bottom position; when the trading volume starts to rebound and the price begins to rise, that is a good time to enter the market. #MichaelSaylor暗示增持BTC #币安Alpha上新 #美国加征关税 #美国5月核心PCE物价指数