$OM $PNUT $XRP
Five Hard Truths of Cryptocurrency Trading in a Bull Market
When the price of cryptocurrency rises quickly and falls slowly, it means someone is secretly accumulating. If the price shoots up like a rocket and falls as slowly as a stroll, it is likely that big players are quietly collecting chips, preparing for another surge.
When the price falls quickly and rises slowly, it indicates a selling rhythm. Conversely, if the price drops like a waterfall but rises slowly like a snail, it may be that big players are quietly unloading, and the market could be about to change.
If the trading volume is still high at high price levels, don't rush to sell. If, in the high price zone, the trading volume continues to increase, be patient; there may be more room for growth. But if the trading volume suddenly decreases significantly, you need to quickly withdraw, as the price won't rise further.
If the trading volume suddenly increases at low prices, don't rush to buy. In the low price zone, if the trading volume suddenly increases, hold off on entering; it may just be a small pause in the downward trend. If the trading volume steadily increases, then it's worth considering entering the market.
Trading cryptocurrency is all about the sentiment of the people; trading volume reflects everyone’s attitude. The fluctuations in cryptocurrency prices are driven by market emotions; trading volume is a sign of whether opinions are aligned. Following the trading volume will give you a sense of security.
Recently, I plan to lay low for a potential coin that is about to explode. Doubling my investment is quite simple, and I am also looking for some potential coins to hold until the end of the year, expecting a growth space of over 10 times is not a problem. If you want to follow along, like and comment, and I will share without charge.
