Want to turn a few thousand into tens of millions by trading cryptocurrencies? Let me give you a few tips, but remember, this is not a game; you need to study seriously!

First, when you see those cryptocurrencies with strong momentum, if they start to decline from a high position and drop for nine consecutive days, you need to stay alert and follow the trend; the opportunity might be right in front of you.

On the contrary, if a cryptocurrency has risen for two consecutive days, don’t rush to celebrate; it’s wise to reduce your holdings quickly; steady investing is the way to go.

There’s another rule: if a cryptocurrency surges more than 7% on one day, it’s very likely to continue rising the next day. At this point, you can hold off on selling and observe for a while.

For those truly strong cryptocurrencies, don’t rush to the top. It’s not too late to enter the market after it has stabilized following a pullback.

If a cryptocurrency has been calm for several days, like still water, wait another three days to see. If there’s still no movement, switch to something else; don’t hang yourself on one tree.

If the cryptocurrency you bought today cannot even recoup yesterday's cost tomorrow, don’t hesitate; retreat quickly and don’t get attached to the fight.

There’s also a saying in trading: "If there are three on the rise, there must be five; if there are five, there must be seven." This means that for cryptocurrencies that have risen for two consecutive days, you can look for a low point to buy in. Generally, the fifth day is a good selling point, so remember to seize the opportunity.

Trading volume is the barometer of cryptocurrency trading; you need to study it well. If the price breaks through at a low level with increased volume, that might be a signal to take off; if it’s at a high level with increased volume but doesn’t rise, then run quickly and don’t hesitate.

You should follow the trend in cryptocurrency trading; only cryptocurrencies with an upward trend are worth your time. Look at the three-day line for short-term, the thirty-day line for medium-term, and the one hundred twenty-day line for long-term. If these lines turn upward, that’s a signal of rising prices.

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