A Foolproof and Steady Method for Trading Coins That Keeps You Profiting Forever

There is a foolproof method for trading coins, but this method can almost eat away all the profits, so learn slowly. First of all, when trading coins, we should never do three things.

The first thing is to never buy in when prices are rising; be greedy when others are fearful and fearful when others are greedy. Make it a habit to buy in during a downturn.

The second is to never leverage your trades.

The third is to never go all in; being fully invested makes you very passive, and the 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 stock trading.

The first is that after the coin price consolidates at a high level, it usually reaches a new high. After consolidating at a low level, it typically hits a new low, so wait for the direction of the change to become clear before making any moves.

The second is to avoid trading during sideways markets; most people lose money trading coins simply because they can't follow this very basic principle.

The third is when selecting candlesticks, buy in on a daily line when the closing is in the red. When the closing is in the green, we sell.

The fourth is that when the decline slows down, the rebound is also slow; a rapid decline leads to a rebound.

The fifth is to build positions according to the pyramid buying method; this is the only unchanged principle of value investing.

The sixth is that when a coin continues to rise or fall, it will inevitably enter a sideways state. At this time, there is no need to sell everything at a high point or to buy in fully at a low point. Because after consolidation, it will inevitably face a change. If it starts to decline from a high point, then it’s time to clear your positions.