Want to turn thousands of yuan invested in cryptocurrency into tens of millions? Let me share some secrets with you, but please remember, this is no child's play, and you need to study diligently!

First, when those once-glorious cryptocurrencies start to decline for nine consecutive days from a high position, you need to keenly catch this signal, closely follow the market trend, and perhaps the opportunity is right in front of you.

On the contrary, if a cryptocurrency rises for two consecutive days, do not become complacent; timely reducing your position is the best strategy. Only by investing steadily can you smile until the end.

There is another rule to follow: when a cryptocurrency rises more than 7% in a single day, it often still has upward momentum the next day. At this time, you can temporarily hold your position and observe the changes.

When facing those highly potential bull cryptocurrencies, do not rush for quick profits; it is not too late to enter the market after the pullback stabilizes.

If a cryptocurrency remains calm like still water for several days, you can patiently wait for another three days. If there is still no improvement, it may be wise to explore other options and not cling to one corner.

If the cryptocurrency purchased today cannot recover yesterday's cost the next day, do not hesitate, decisively withdraw, and do not cling to the battle.

There is also a saying in cryptocurrency trading: "On the rise ranking, if three rise, five will follow, and if five, seven will surely show," meaning for cryptocurrencies that have risen for two consecutive days, you can choose the right time to buy low; usually, the fifth day is a good selling point, so be sure to seize the opportunity.

Trading volume is known as the barometer of cryptocurrency trading, and it must be studied in depth. When the price breaks out at a low level with high volume, it may mean it is about to soar; however, if it breaks out at a high level but stops moving forward, you should withdraw immediately and not hesitate.

Trading in cryptocurrencies must follow market trends; only cryptocurrencies that are in an upward trend are worth your energy investment. For short-term trading, pay attention to the 3-day moving average, for medium-term, observe the 30-day moving average, and for long-term, watch the 120-day moving average. If these moving averages show an upward trend, it is a signal for an increase.

Follow Lao Wu for continuous core strategies 🔥🔥🔥