After trading cryptocurrencies for more than ten years, I made 20 million. Let’s talk about my experience!
There is a simple method for trading, but it’s particularly effective. If you want to learn this, you must patiently study and remember the three areas you must absolutely avoid:
First, don’t chase the rise. When everyone is rushing to buy, you need to be cautious; when everyone is scared, you can be bolder. Get used to buying when the price is low.
Second, don’t get stuck on a single trade. Be flexible; don’t tie yourself down to a particular transaction.
Third, don’t go all in. Being all in will leave you immobilized. There are many opportunities in this market; being all in means missing out on others.
Now let’s talk about a few tips for short-term trading:
When the price rises to a certain level, it may continue to go up; when the price drops to a certain level, it may continue to fall. Don’t rush; wait until the direction is clear before taking action.
If the price is stagnant, don’t fidget unnecessarily. This is the simplest point, but many people fail to do it, resulting in losses.
Look at the K-line chart: buy during the bearish candles and sell during the bullish candles. If the price drops slowly, the rebound will also be slow; if it drops quickly, the rebound will be quick.
Building a position should be like a pyramid, layer by layer; this is a time-tested method to ensure profits without losses.
After the price has been rising or falling continuously, it will always take a break. At this time, don’t rush to go all in or all out. Because after resting enough, it will change again, so wait for the right direction before acting.
As for the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with high potential projects, where an expected return of over 10 times is not a problem. If you want to make big money in a bull market, like and comment, and I will help you layout for the entire bull market!
