On New Year's Eve, I had an in-depth exchange with a senior cryptocurrency trader. He started with 100,000 yuan eight years ago and now makes a living entirely on cryptocurrency trading. He shared two proverbs that had a profound impact on him. They are short and practical, and are worth pondering and remembering for every retail investor.
The first proverb: If you have less than 100,000 yuan in funds and are keen on short-term trading, then remember that short-term trading does not mean buying and selling every day. When you are not sure, the best strategy is to wait and see. If the altcoin market is active, you should pay full attention to the leaders of the mainstream sector. If there is no sustained market, stay short and wait patiently for opportunities.
The second proverb: Before a currency rises sharply, there is often a stage where the price fluctuates between -3% and 8% and the trading volume shrinks. At this time, you should set the volume moving average to 135 days and observe whether the volume during its oscillation period is lower than the moving average. This is a sign that the main force is secretly controlling the market, but remember that this method is suitable for periods of low currency prices. Once this happens, it usually indicates that the currency price is about to take off.
Although the current market is slightly sluggish, it is only a matter of time before the bull market returns. Be patient and wait for the market to pull back. Then I will lead everyone to capture the profit opportunities of altcoins and make bottom-fishing layouts for spot. It is not difficult to double the income.
Musk's little milk dog has great potential and is worth paying attention to. #币安Alpha公布第10批项目 #币安全球用户突破2.5亿 #比特币走势观察 #XRP重返市值前三
