First, when facing previously strong-performing cryptocurrencies that have fallen from high positions, and have continuously dropped for nine days like a kite with a broken string, one must be highly alert. It is essential to analyze the trend deeply, as opportunities may be lurking in the shadows, waiting for the right moment to emerge.
Second, when a cryptocurrency has shown gains for two consecutive days, do not let this temporary victory cloud your judgment. Instead, maintain calm and restraint, appropriately reduce holdings, and in this ever-changing cryptocurrency trading landscape, steady progress is the key to long-lasting success.
Third, there is an unwritten rule worth noting: if a cryptocurrency skyrockets more than 7% in one day, there is a high probability it will continue to rise the next day. In this situation, there is no need to rush to sell; it is best to remain calm and observe.
Fourth, for those 'star cryptocurrencies' that are highly desired and have unlimited potential, one must not recklessly enter with full investment. It is better to patiently wait for their pullback to stabilize and enter the market when the storm has calmed; it is never too late.
Fifth, if a cryptocurrency resembles a slumbering giant, remaining calm and showing no signs for several days, it is advisable to wait three more days with patience. If after three days it still remains stagnant, then it is time to turn away and seek new investment targets, rather than wasting energy and time here.
Sixth, if the cryptocurrency purchased today fails to recover yesterday's cost the next day, one must not hesitate. It is crucial to decisively cut losses and exit; do not get trapped in greed, which may lead to greater losses.
Furthermore, there is a practical saying circulating in the cryptocurrency trading world: 'If there are three on the rise list, there must be five; if there are five, there must be seven.' This means that for cryptocurrencies that have risen for two consecutive days, one can look for relatively low points to enter. Generally speaking, the fifth day often brings a relatively ideal selling point. Such opportunities are like shooting stars across the night sky, fleeting and must be captured precisely.
Finally, it is essential to follow the iron rule that trend is king in cryptocurrency trading. Only cryptocurrencies in an upward channel deserve to be invested in deeply with time and effort. Considering different investment periods, focus on the 3-day line for short-term, the 30-day line for medium-term, and anchor the 120-day line for long-term. If these key moving averages turn upward like spring bamboo shoots breaking through the ground, it is a clear signal for upward momentum, and one can follow the trend with confidence.