🚨 🔥 Attention traders
10 Golden Rules to Get Rich in Crypto (The Right Way)💸🤑💵
Trading cryptocurrencies isn't rocket science. With patience, logic, and these 10 simple rules, you can slowly build wealth. Just don't rush!
1. Buy on the Dip of Strong Coins
If a strong crypto falls for 9 consecutive days, it might be a golden entry point. Keep a close watch.
2. 2-Day Rally? Take Profit!
If a coin rises for 2 days, secure some profit. Always ensure gains.
3. After +7%, Wait
If a crypto jumps 7% or more, wait for a correction before entering. Don't chase.
4. Enter After the Rally Ends
Don't enter in the middle of the rally. Wait for the rally to cool down before investing.
5. Low Volatility = Warning
If a coin remains uneventful for 3 days, wait another 3. No action? It's time to switch to a better opportunity.
6. No Recovery = Get Out
If a coin fails to recover yesterday's price, exit early. Cut losses quickly.
7. Winners Indicate More Winners
If 3 coins are rising, there might be 5. Identify coins that are up for 2 consecutive days—buy on the dip. Day 5 usually makes for a good exit.
8. Volume + Price = Key Signals
Increasing volume + breakout from lows = good sign. But high volume + stable price at the top = danger. Be alert for reversals.
9. Trade Only Uptrends
Focus on cryptos in an uptrend:
3-day MA up = short-term uptrend
30-day MA up = medium-term uptrend
80-day MA up = strong uptrend
120-day MA up = long-term uptrend
10. Small Capital, Big Moves
Even with small funds, smart strategies win. Stay calm, follow the rules, and wait for the right moment.
Bonus Tip:
Never trade crypto full-time. And NEVER use borrowed money. Invest only what you can afford to lose.☠️👀🚀$BOB $PEPE $SHIB
