Only because I have firmly grasped the following 10 rules!
With my simplest cryptocurrency trading method,
From now on, in the crypto world, it's like having a cheat code, with a green light all the way,
1. As long as a strong coin has fallen consecutively for 9 days from a high position, be sure to follow up promptly.
2. Any cryptocurrency that has risen for two consecutive days should be promptly reduced in position.
3. Any cryptocurrency that has risen more than 7% should still have a chance to rise the next day; you may continue to observe.
4. For strong bullish coins, be sure to wait until the correction is over before entering the market.
5. If any cryptocurrency has shown flat fluctuations for three consecutive days, observe for another three days; if there is no change, consider switching.
6. If any cryptocurrency fails to regain the previous day's cost price the next day, it should be exited promptly.
7. If there are three on the rise list, there must be five, and if there are five, there must be seven. For cryptocurrencies that have risen for two consecutive days, enter at a low; the fifth day is usually a good selling point.
8. Volume-price indicators + are crucial; trading volume can be considered the soul of the crypto world. When the price is at a low level and breaks out with increased volume, it needs attention; if there is a volume stagnation at a high level, exit decisively.
9. Only choose cryptocurrencies that are in an upward trend for trading; this maximizes the odds and avoids wasting time. A 3-day moving average turning upwards indicates a short-term rise; a 30-day moving average turning upwards means a medium-term rise; an 80-day moving average turning upwards indicates a main upward wave; a 120-day moving average turning upwards suggests a long-term rise.
10. In the crypto world, small capital does not mean no opportunities. As long as you grasp the correct methods, maintain a rational mindset, strictly execute strategies, and patiently wait for opportunities to arise.
