Want to make a guaranteed profit in cryptocurrency trading? I have a set of strategies that may seem clumsy but are practical!
Remember three absolute no-go zones:
Never follow the crowd and chase prices; when the market is in panic, that’s when we quietly position ourselves; and when everyone is greedy, be cautious and don’t act impulsively.
Don’t put all your funds in one place: trading cryptocurrencies is like investing; you need to diversify your risks. Don’t put all your bets in one spot; if it crashes, you’re done for.
Don’t go all-in; operating with all your funds puts you in a dead end. There are plenty of opportunities in the market, so leave some room to seize the next good chance.
Now let’s talk about a few tips for short-term cryptocurrency trading:
Don’t rush into high prices, and don’t rush out at low prices: when prices are high, take your time; when prices are low, don’t rush to sell, wait for the situation to clarify before taking action.
Don’t act blindly during sideways markets: when the market is sideways, it’s like seeing flowers in the fog, easy to get lost; wait for the situation to become clear before taking action.
Use candlestick patterns to determine strategies: if the candlestick is bearish, consider buying; if it’s bullish, think about selling. Follow the trend, and you won’t go wrong.
Assess rebound strength by looking at the decline: a slow decline results in a gentle rebound; a sharp decline could lead to a more violent rebound.
Adding positions: buy in batches, and the lower it drops, the more you dare to buy; this way, your cost decreases and your risk is smaller.
Don’t rush after extreme market conditions: after a big rise or fall, the market often takes a breather; don’t rush, wait for a signal of change before acting to ensure profits with no losses!
Opportunities are about to come; in the next layout direction, I will guide everyone to aim for the highly profitable opportunities in altcoins, with an expected return of over 10 times being quite possible. Like and comment, and let’s layout the entire bull market together!