Beginner's Tips for Trading Cryptocurrency
1. If the price of a coin drops for 9 consecutive days from a high, sell immediately!
2. If a coin rises for two consecutive days, remember to reduce your holdings.
3. If the price increases by more than 7%, don't rush to sell; see if it can continue to rise the next day.
4. Enter when a strong coin has finished its correction; it's a sure profit.
5. If the price has not moved for three consecutive days, wait another three days; if still no movement, switch to another coin.
6. If you haven't earned back yesterday's investment today, withdraw quickly tomorrow!
7. On the gainers list, after three consecutive increases, there is often more potential; five consecutive increases require close attention, as the seventh day is usually a good selling point. For coins that have risen for two consecutive days, buy at a low price and sell on the fifth day for guaranteed profit!
8. Trading volume is key to cryptocurrency trading! If the price breaks out with high volume at a low level, keep an eye on the high level; if volume increases but the price stagnates, run!
9. Trade in an upward trend for better odds, without wasting time. For short-term, look at the 3-day line; for medium-term, look at the 30-day line; for main upward trends, look at the 80-day line; for long-term, look at the 120-day line; an upward turn indicates a rise!
10. Small funds can also turn a profit in the cryptocurrency market; the key is to have the right methods, a stable mindset, strict strategies, and patiently wait for good opportunities!
For the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with great potential; an expected space of over 10 times is not a problem. If you want to make big money in a bull market, like and comment, and I'll help you layout the entire bull market!