Especially for friends who have just entered the market with funds under 100,000, if you master these two operational skills, you might just walk the path to financial freedom.
I also used to lose money on whatever I traded, regardless of whether it was a rise or fall, but ever since I received guidance from a few experts, my luck started to turn around. After 2020, my assets skyrocketed to eight figures.
My first pot of gold was earned through the two methods below. I can guarantee that as long as the market continues to warm up, even if you don't make a million, you definitely won't lose money.
The first method is bottom fishing. If you see a cryptocurrency has been consolidating at the bottom for a long time, and suddenly one day the trading volume increases five times, with a large bullish candle appearing, then you need to pay attention because this could be a signal for a rebound or even a reversal.
But at this point, don’t rush to act; you need to observe the trading volume over three trading days. Regardless of whether the market rises or falls during these days, as long as the trading volume hasn’t reduced to less than half or continues to expand, you can get on board.
Because this indicates that large funds are continuously entering the market, and the market will not end any time soon. Once large funds enter, without significant favorable news or trading volume increasing to a certain level, they won't exit, so they will keep operating inside.
The second method is to capture the decreased volume washing out in an upward trend. When a cryptocurrency starts to rise, there are usually two phases: the initial phase is a slow rise to attract attention, and the climax phase is the main upward wave where the main force sells off.
However, between the initial phase and the main upward wave, there is usually a process of decreased volume washing out retail investors who slowly entered as the price rose, so that when the main attack comes later, they won't be caught off guard.
So at this stage, they will aggressively sell off in a short period of time, which allows them to avoid offloading too much inventory while washing out retail investors. You need to keep a close watch; as long as there is a decrease in volume and then a strong attack pattern appears again, like a high opening and rising, you can start building your position and wait for the main upward wave to come.
These are the two modes of making money in cryptocurrency trading, especially the second one; as long as you can seize one opportunity, your account profits can easily increase by fifty percent, and small capital can quickly grow large.
Opportunities are about to come, and in the next layout direction, I will guide everyone to aim for the high-profit opportunities in altcoins, with an expected space of more than ten times, which should not be a problem. Like + comment, and I will help you layout for the entire bull market!
