Foolproof cryptocurrency trading is 100% suitable for beginners!
1. For strong coins, if they fall for 9 consecutive days from a high position, be sure to follow up in a timely manner. 2. For any coin, if it rises for two consecutive days, be sure to reduce your position in a timely manner.
3. For any coin, if it rises more than 7%, there is still a chance for further gains the next day, so you can continue to observe.
4. For strong bull coins, be sure to wait until the correction is over before entering the market. 5. If any coin has three consecutive days of dull fluctuations, observe for another three days; if there is no change, consider switching.
6. If any coin fails to recoup the previous day's cost price the next day, you should exit in a timely manner.
7. In the ranking of price increases, if there are three, there must be five; if there are five, there must be seven. For coins that have risen for two consecutive days, you should enter at a lower price, as the fifth day is usually a good selling point. 8. Volume and price indicators are crucial; trading volume is the soul of the cryptocurrency market. When the price breaks out with increased volume at a low level during consolidation, it needs attention; when there is a surge in volume at a high level but stagnation occurs, you should exit decisively. 9. Only choose coins that are in an upward trend for trading, as 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 signifies a medium-term rise; an 80-day moving average turning upwards represents a main upward trend; a 120-day moving average turning upwards indicates a long-term rise.
10. In the cryptocurrency market, small funds do not mean no opportunities. As long as you master the correct methods, maintain a rational mindset, strictly execute strategies, and patiently wait for opportunities to arise, you can also achieve a wealth turnaround in this land full of opportunities. Remember, while the cryptocurrency market is promising, the risks are also significant; only by continuously learning, summarizing experiences, and constantly improving yourself can you go further!