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Bullish
After ten years of trading cryptocurrencies, I experienced three years of losses, but I also enjoyed seven years of profits, and now I rely on it to support my family. Throughout this journey, I have summarized six concise and practical experiences.
Firstly, focus on strong currencies. When trading cryptocurrencies, attention should be paid to currencies that perform strongly. If uncertain, observe the 60-day moving average; if above, enter or increase positions, and if below, withdraw in a timely manner. This method is effective in most cases.
Secondly, avoid blindly chasing highs. When the price of a coin rises more than 50% at once, do not rush to follow, as it may cause panic. Buying at lower levels is more prudent, carries less risk, and often has greater profit potential.
Furthermore, recognize the signs of a rising trend. Before a significant increase, the price often fluctuates within a small range of 10% to 20%, and the trading volume is relatively small. At this time, gradually building positions at lower levels can often help catch the upward trend.
In addition, seize new hotspots. When new hotspots emerge in the market, they are usually very active in the early stages. Following the footsteps of large funds and entering the market in a timely manner can often lead to easy profits.
At the same time, remain calm during a bear market. When a bear market arrives, keep your hands steady and reduce operations for at least six months. During unfavorable market conditions, learning to rest is the way of a skilled cryptocurrency trader.
Finally, let’s talk about Elon Musk-themed puppies. The Ethereum chain holding address has surpassed 14,600 people, with a market value of only over 10 million. The concept of Musk's big dog should be worth at least 10 billion, right? Now is the time to ambush #puppies币 opportunity #ETH持续飙升 #山寨季來了？ $SHIB $DOGE $PEPE .
Firstly, focus on strong currencies. When trading cryptocurrencies, attention should be paid to currencies that perform strongly. If uncertain, observe the 60-day moving average; if above, enter or increase positions, and if below, withdraw in a timely manner. This method is effective in most cases.
Secondly, avoid blindly chasing highs. When the price of a coin rises more than 50% at once, do not rush to follow, as it may cause panic. Buying at lower levels is more prudent, carries less risk, and often has greater profit potential.
Furthermore, recognize the signs of a rising trend. Before a significant increase, the price often fluctuates within a small range of 10% to 20%, and the trading volume is relatively small. At this time, gradually building positions at lower levels can often help catch the upward trend.
In addition, seize new hotspots. When new hotspots emerge in the market, they are usually very active in the early stages. Following the footsteps of large funds and entering the market in a timely manner can often lead to easy profits.
At the same time, remain calm during a bear market. When a bear market arrives, keep your hands steady and reduce operations for at least six months. During unfavorable market conditions, learning to rest is the way of a skilled cryptocurrency trader.
Finally, let’s talk about Elon Musk-themed puppies. The Ethereum chain holding address has surpassed 14,600 people, with a market value of only over 10 million. The concept of Musk's big dog should be worth at least 10 billion, right? Now is the time to ambush #puppies币 opportunity #ETH持续飙升 #山寨季來了？ $SHIB $DOGE $PEPE .
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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