I have been speculating in cryptocurrencies for 7 years and have made more than 30 million. Now I rely on it to support my family. This process has taught me six practical experiences, which are short but concise!
1. When speculating in cryptocurrencies, focus on the strong ones. If you are not sure, look at the 60-day line. If you enter or add online, you will withdraw offline. This trick works most of the time.
2. For those that rise by more than 50% at once, don't rush to chase them, as it is easy to panic. It is still stable to buy at a low position, with low risks and the profit may be even greater.
3. There are signals before a big rise, such as small price fluctuations of 10% to 20%, but the trading volume is small. At this time, buy slowly at a low position, and you will probably be able to catch a ride.
4. When a new hot spot in the market comes out, it will definitely be hot in the first few days. Seize this opportunity, follow the big funds, and make money easily.
5. When a bear market comes, you must control your hands and don't move for at least half a year. If the market is bad, do less operations. Only those who know how to rest are masters.
6. Look back every week, not to see if you made money, but to see if your strategy is right. If it is right, stick to it, if it is wrong, correct it. After a few months, your cryptocurrency trading path will be stable.
Remember, success does not fall from the sky, but comes to those who are prepared.