Eight Years of Cryptocurrency Trading Secrets: Six Key Strategies for Short-Term Operations to Help You Make Profits Without Loss!
When prices rise sharply, don't rush to buy; wait and see, as there might be a pullback. When prices drop sharply, don't rush to sell; stay calm and wait for the trend to become clear before taking action.
When prices are stagnant, try to avoid making too many moves, as operations can easily go wrong during this time.
Make decisions based on candlestick charts; a bearish candle may present a good buying opportunity, while a bullish candle should prompt you to consider whether it's time to exit. Follow the market trend, and you won't go wrong.
If prices drop sharply, a rebound is usually strong; if the drop is slow and steady, the rebound is often weak.
When increasing your position, use a pyramid strategy: buy in batches, purchasing more as prices fall, which lowers your average cost, allowing for greater profits when prices rise.
After significant price fluctuations, there is usually a period of sideways movement; during this time, avoid being impulsive. Don't sell everything at a high point, and don't buy in bulk at a low point. Be patient and wait until you have a clear understanding before acting.
These are practical experiences I've summarized from my eight years of cryptocurrency trading, and I hope everyone can benefit from them.
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