A foolproof and stable method for trading cryptocurrencies that allows you to keep earning

There is a foolproof method for trading cryptocurrencies, but this method can almost eat away all profits, so take your time to learn. First, when trading cryptocurrencies, we must never do three things.

The first thing is to never buy in when the price is rising. Be greedy when others are fearful, and be fearful when others are greedy. Make it a habit to buy when prices are falling.

The second is to never place large bets.

The third is to never be fully invested. Being fully invested makes you very passive, and this market is never short of opportunities. The opportunity cost of being fully invested is very high.

Now let's talk about the six rules for short-term trading.

The first rule is that after the price consolidates at a high level, there will usually be a new high. After it consolidates at a low level, there will usually be a new low, so wait for the direction of the market change to become clear before making any moves.

The second rule is to avoid trading during sideways movement. Most people lose money in trading because they can't adhere to this simplest principle.

The third rule is when selecting candlesticks, buy when the daily candlestick closes bearish, and sell when it closes bullish.

The fourth rule is that the decline slows down, the rebound is also slow, and the decline accelerates the rebound.

The fifth rule is to build positions using the pyramid buying method, which is the only constant in value investing.

The sixth rule is that when a cryptocurrency continues to rise or fall, it will inevitably enter a phase of consolidation. At this time, we do not need to sell everything at high prices, nor do we need to fully buy in at low prices. After consolidation, there will inevitably be a market change. If the change is downward from a high point, then we need to clear our positions in a timely manner.