Super practical short-term techniques!
1. Stay calm at high levels and steady at low levels: Don't be impulsive as prices rise, observe first; don't panic when hovering at low levels, wait for the trend to clarify before taking action.
2. Analyze K-lines, have tactics for entry and exit: Look for buy points when bearish candles appear, identify sell points when bullish candles show up, and go with the trend to increase your chances of success.
3. Seek opportunities in downtrends, with varying intensity: After a slow decline, there may be a weak rebound; after a sharp drop, a strong reversal may occur, so grasp the rhythm of the decline to seize opportunities.
4. Pyramid method to lower costs: Enter in batches, buy more as prices drop, gradually increase positions to reduce costs, and accumulate small victories for larger wins.
5. Extremes in sideways movement, wait for the right moment: When extreme highs and lows stabilize, don't short at high levels, and don't go all in at low levels; patiently wait for signals of a trend change before striking.
As a seasoned cryptocurrency investor, I share my experiences and insights. Interested in the crypto space but don’t know where to start? Follow me and check my homepage to achieve freedom in this bull market.