Several tricks to make money in the cryptocurrency world: Master three tricks, and easily earning U is not a dream!

First trick: Coin hoarding method, applicable in both bull and bear markets.

Hoarding coins sounds simple, but it tests patience. It means picking some promising coins, buying them, and then leaving them untouched for at least half a year to a year. During this period, no matter how big the external waves are, don’t get swayed. Doing this usually brings considerable returns, but many people can't do it. They see a rise and want to sell, see a drop and want to run, resulting in nothing gained. Therefore, the key to hoarding coins is—patience!

Second trick: Chasing uptrends and cutting losses in a bull market, but be cautious.

When a bull market arrives, take out some small money and play with coins ranked 20 to 100 in market cap. If you see one rise by more than 50%, switch to another that has dropped significantly. If you get stuck with any coin, don’t panic; it's a bull market, you will eventually get out. However, this method also requires caution; not all coins will rise, so you need to be selective.

Third trick: Pyramid-style bottom fishing, a brilliant tactic during big drops.

If you see that the cryptocurrency market is about to drop significantly, don’t rush; we can bottom fish in steps. For example, when the coin price drops to 80%, 70%, 60%, and 50%, buy in at these levels, and buy more as it drops further. This way, once the market rebounds, we can reap substantial profits.

Fourth trick: Moving average strategy, knowing a bit about candlestick charts is even better.

Look at the moving averages on the candlestick chart, MA5, MA10, MA20, etc. If the current price is above MA5 and MA10, hold steady, don’t move. If MA5 falls below MA10, sell quickly. Conversely, if MA5 crosses above MA10, that’s a good buying opportunity.

Fifth trick: Aggressive coin hoarding, specifically for various discontents.

If you have spare money and see a promising long-term coin, buy it when it's at a low price and sell it when it's high, then hoard back the profits. For example, if the current price is $8, buy at $7, sell at $8.8, and keep doing this back and forth. As long as the opportunities are good, you can hoard several rounds in a month, and your coins will keep increasing. Unless this coin skyrockets 3-5 times, we won't easily let go.

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