#BTC投资案未获微软股东同意 The Ultimate Guide to Cryptocurrency Trading: A Super Stable Stupid Method to Ensure Profits!
When it comes to trading cryptocurrencies, there's a particularly foolish yet reliable method that can help you secure all your profits, but it requires slow learning. During trading, there are three things you must absolutely avoid.
The first thing is, don't buy when prices are rising; learn to boldly buy when others are scared to death, and be cautious when others are frantically buying. Get into the habit of buying during price declines.
The second thing is, don’t put all your money into a single trade; diversify your investments.
The third thing is, don’t operate with a full position; if you're fully invested, you become passive. There are plenty of opportunities in the market, and a full position increases your opportunity cost.
Now let’s talk about a few tips for short-term cryptocurrency trading:
Don’t rush to buy when prices are high; they may still rise; don’t rush to sell when prices are low; they may still fall. Wait until the direction is clear before taking action.
Don’t trade when the market is consolidating; if you can’t do this, many people will end up losing money in cryptocurrency trading.
When looking at candlestick charts, try buying on bearish candles and consider selling on bullish candles.
If the price drops slowly, the rebound will also be slow; if it drops quickly, the rebound will be vigorous.
When building positions, do it in a pyramid style; this is an old rule.
If a cryptocurrency rises sharply or falls steeply, it will surely consolidate for a while. During this time, don’t sell everything at the high, and don’t buy everything at the low. After consolidation, there will be a trend change; if it starts to fall from a high point, you need to quickly liquidate your positions.
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