I was born ordinary, with no reliable background, and how I live this life all depends on my own efforts.
In the past ten years of trading cryptocurrencies, the key tips for making consistent profits are as follows:
1. Don't be afraid if it drops in the morning, buy quickly! If you see a sudden drop in coin prices in the morning, don't panic; it might be a good opportunity for us to enter the market and pick up bargains. Conversely, if it rises in the morning, be cautious, as it may correct later, so sell a bit and don’t be greedy.
2. What to do in the afternoon? If it continues to rise in the afternoon, don’t chase it; standing guard at high positions is not a good thing. If it drops in the afternoon, don’t rush to buy the dip; wait to see how the market reacts tomorrow before deciding.
3. Stay calm! When the market fluctuates, we need to keep our cool. Don’t rush to sell just because it dropped in the morning; when it’s sideways, take a break, rest your mind, and stay alert.
4. Follow the trend! When the trend is unclear, don’t fumble around. If the coin price isn’t surging, don’t sell; if there’s no correction, don’t buy; during sideways movement, just observe and don’t act impulsively.
5. Buy and sell based on the charts! When buying coins, look for a bearish candle to enter; it’s safer. When selling coins, wait for a bullish candle to appear before considering, so you can earn a bit more.
6. Sometimes you have to go against the trend! Although following the trend is common sense, sometimes going against it can lead to big profits. You need to dare to challenge the market; that’s how you become a true winner.
7. Have patience! When the coin price is fluctuating, don’t be in a hurry to act. Wait until the market trend is clear before taking action; that way, your chances of winning are greater.
8. Be cautious with high-level consolidation! If the coin price consolidates at a high level and then surges sharply, be careful of a correction. At that point, you should quickly sell some or just walk away; don’t get stuck at a high.
9. Be wary of hammer candlesticks! If the market shows a hammer candlestick pattern, it means a change is coming. At this time, closely monitor the market and avoid over-leveraging; otherwise, the risk is too high.
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