After learning these methods of cryptocurrency trading, you will be able to make money in the cryptocurrency circle as if you were cheating, all the way, just because you have firmly grasped the following 10 rules:
1. If a strong coin has fallen from a high level for 9 consecutive days, be sure to follow up in time.
2. If any currency rises for two consecutive days, be sure to reduce your position in time.
3. As long as any currency rises by more than 7%, there is still a chance for it to rise higher the next day, so you can continue to wait and see.
4. For strong bull coins, be sure to wait until the pullback is over before entering the market.
5. If any currency fluctuates flatly for three consecutive days, observe for another three days. If there is no change, consider changing to n.
6. If any currency fails to earn back the cost price of the previous day on the next day, it should be exited in time.
7. If there are three on the list of rising currencies, there must be five, and if there are five, there must be seven. If a currency has risen for two consecutive days, you should buy it at a low price. The fifth day is usually a good selling point.
8. Volume-price indicators are crucial, and trading volume is the soul of the cryptocurrency market. When the price of a cryptocurrency breaks through at a low level during consolidation, you need to pay attention to it; when the price of a cryptocurrency stagnates at a high level, you need to leave the market decisively.
9. Only choose currencies that are in an upward trend to operate, so that the chances of winning are the highest and time will not be wasted. The 3-day line turns upward, which is a short-term rise; the 30-day line turns upward, which means the mid-term rise; the 80-day line turns upward, which is the main rising wave; the 120-day moving average + turns upward, which is a long-term rise.
10. In the cryptocurrency world, small capital does not mean no opportunities. As long as you master the correct methods, maintain a rational mindset, strictly implement strategies and patiently wait for opportunities to come.