#BinanceBlockchainWeek
I have been trading cryptocurrencies for 7 years, starting with 50,000, and as a post-90s individual, I support my family through trading. I have summarized my hard-earned experiences:
1: Pyramid Bottom Buying Method: Suitable for predicting significant market crashes.
Bottom Buying Method: Place orders to buy one-tenth of your position at 80% of the coin price, one-fifth of your position at 70% of the coin price, one-third of your position at 60% of the coin price, and one-fourth of your position at 50% of the coin price.
2: Moving Average Method: You need to understand some basics of candlestick charts.
Set indicator parameters to MA5, MA10, MA20, MA30, MA60, and select a daily chart. If the current price is above the MA5 and MA10, hold your position. If MA5 falls below MA10, sell the coin; if MA5 rises above MA10, buy and build your position.
3: Aggressive Coin Holding Method: Only trade coins you are familiar with, suitable for long-term high-quality coins with some liquidity. If a coin is currently priced at $8, place an order to buy at $7. When the buy order is successfully executed, place a sell order at $8.8. Profits come from holding coins. Withdraw liquidity to wait for the next opportunity. Adjust dynamically based on the current price. If there are three such opportunities in a month, you can accumulate a considerable amount of coins. The formula is that the entry price equals the current price multiplied by 90%, and the selling price equals the current price multiplied by 110%!
4: Small Coin Aggressive Play: If you have 10,000 RMB, divide it into ten parts and buy ten different types of small coins, preferably priced under 3 RMB. After purchasing, do not pay attention to them. Do not sell until they triple to five times their value; if they are stuck, do not sell, just hold for the long term. If a particular coin triples, take back 1,000 RMB of your principal and invest in the next small coin. The compound interest returns can be impressive.
Recently, I plan to ambush a potential coin that is about to explode in value; doubling is quite simple. At the same time, I am looking for some potential coins to hold until the end of the year, expecting a space for more than ten times is not a problem. If you want to keep up, follow along, and I will share without charge.