When trading cryptocurrencies, you must remember these five rules:
If a coin is rising rapidly but falling slowly, it is likely that someone is quietly accumulating chips, preparing to push for another surge. This is like buying something; if the price rises quickly but falls slowly, it indicates that someone wants to buy more.
Conversely, if a coin is falling rapidly but rising slowly, it may indicate that someone is secretly unloading, and the market may be heading downhill. This is like selling something; if the price drops quickly but rises slowly, it suggests that someone is eager to sell.
When a coin reaches its highest point with a particularly large trading volume, don't rush to sell; it may continue to rise for a while. However, if the trading volume decreases, you should quickly withdraw, as the momentum for further increases may be insufficient.
If a coin drops to its lowest point and the trading volume suddenly increases, don't rush to buy; it may still drop further. But if the trading volume remains high, it indicates that someone is continuously buying, and it may be worth considering an entry.
Trading cryptocurrencies is essentially about everyone's emotions; public opinion is the market's trading volume. If everyone is optimistic, the price goes up; if everyone is pessimistic, the price goes down. Trading volume reflects everyone's buying and selling behavior.
In fact, everyone understands these principles, but the key is controlling one's hands and mindset. Therefore, when trading cryptocurrencies, you must learn to avoid risks and heed advice. When the market outlook is not good, consult others instead of pondering alone.
For the upcoming layout direction, I will lead everyone to target the lucrative opportunities in altcoins, especially those projects with great potential; an expected return of over ten times is not a problem. If you want to make big money in a bull market, like and comment, and I will guide you through the entire bull market layout!