This article focuses on the trading pairs that have been listed on the exchange. We will share more about MeMe on the chain another day. Interested friends can join my Binance chat room Binance Ace KOL Exclusive Group (Wang Bu Ai).
⬇️⬇️⬇️⬇️⬇️The following is the main text of the super dry goods⬇️⬇️⬇️⬇️⬇️
First of all, the first condition is that you must own more than 2-3 exchanges. I will explain the reason below.
First of all, you must understand that the money earned from spot trading is the increase in price. That is to say, with enough exposure, enough liquidity, and deep exchanges and trading pairs, it is possible to achieve a continuous increase for 2 to 3 days or even longer.
So how do you choose the right exchange?
The first to bear the brunt must be the world's largest exchange Binance #binance注册 20% fee discount: https://bit.ly/BNWBA
We also need to understand a logic. The project party is opposed to us. The market makers make money by selling goods, that is, selling coins, and if we retail investors want to make money, the first step is to buy. From the initial entry, our interests conflict with those of the dog dealers.
So, how can you ensure that you will not be harvested in the next transaction process?
As I said at the beginning, choose as many exchanges as possible and compare their rankings. When a trading pair can be listed on multiple exchanges, especially the world's leading exchanges, its number of retail users and buying volume are generally considerable. Not only is the deep liquidity better, but the listing conditions are also more stringent and demanding, which avoids many pitfalls.
Let’s take the growth list of each exchange as an example👇
We can see that there are multiple trading pairs appearing on the daily gain list of each exchange.
At this time, you can consider buying transactions, which can be roughly divided.
Then we will randomly click on a few trading pairs that are on the common gainer list.
We can see that, taking $OM as an example, its 4-hour level trend is relatively strong, and the K-line body is relatively full, which proves that there are not many selling orders in the current 4 hours, so this kind of transaction is worth considering for you. And place orders on dips.
We are looking at $ACA , which has a very long upper shadow line at the 4-hour level. Generally speaking, the spot and 4-hour level have such a long upper shadow line, which means there is selling, but it is not necessarily from market makers, but may be from big whales. Moreover, its K volume trend is relatively strange, so you need to pay attention to it.
Let’s look at it in more detail. We can click on the details of this trading pair to see what it does and when it was launched on the exchange.
Generally speaking, new tokens that have been on the exchange for a short time = low holders, and low holders mean less selling pressure. But this is a double-edged sword, because the number of holders is low, its subsequent trend. Market makers may be able to pull the price more easily, but it is also possible that the follow-up will be weak due to insufficient attention from retail investors.
Why do we need to look at the gainers list? Someone must be asking, isn’t this chasing highs?
This question is often asked in my community and under my videos. I think it can be answered in one sentence:
A good dealer will not make you wait too long, nor will it call back too much, playing with your mentality.
Now that Bitcoin has a trillion-dollar market cap and has hit a record high, those tokens that still don’t rally are as good as dead, right?
When buying coins for long positions, you should buy strong coins; when selling coins for short positions, you should choose weak coins!
Through these simple methods, you can choose rising trading pairs as much as possible.
But please remember to cash in profits in batches, as spot trading can also be used for trading in waves.
Buying orders in batches and selling in batches. I think it is more suitable for retail investors. Of course, if you want to save trouble and directly see the recommended trading pairs or contract points, you are welcome to join the group for free. Use any of the above links to join my community for free. end🔚
I wish you all a prosperous bull market! Count your money until your hands cramp!
You are also welcome to join my chat room for communication>>Binance Ace KOL Exclusive Group (Wang Bu Ai)
