There is a very foolish way to trade cryptocurrencies that allows you to maintain 'eternal profit.' Last year, I played around with 200,000, and now it’s 20 million, easily making a hundredfold profit. The summary of my experience is below for everyone's reference and learning!

Making money from trading is actually this simple; you just need these three steps!

Master them, and you can easily multiply your account by 10 times!

Step 1: First, look at the trend

Step 2: Then find the key levels

Step 3: Look for entry signals

Entering, profiting, closing, and leaving—doesn't it seem simple?

Let’s go into more detail below.

Step 1: First, look at the trend. The state of a market can lead to three main outcomes: rising, consolidating, or falling. What constitutes a major trend? Look at charts with periods longer than 4 hours, such as 4-hour, daily, or weekly charts (my personal habit is to look at 4-hour charts). If it’s rising, go long; if it’s falling, go short; if it’s consolidating, don’t trade.

Step 2: Finding key levels. Whether the trend is rising or falling, it will bounce like a bouncing ball, jumping level by level from bottom to top or top to bottom. What we need to do is enter the market at the point of its jump and exit at the next landing point. How to find the precise steps becomes crucial. #Bitcoin is what we refer to as key levels (main support and resistance levels).

Step 3: Finding signals. Generally, if you spot a trend in a larger timeframe, you should look for trading signals in a smaller timeframe to enter the market. #Ethereum. Everyone has their own strengths in trading strategies; mastering one or two is sufficient.

What’s more important is to quickly formulate a trading strategy. A complete trading strategy includes

(1) Asset—what to trade; (2) Position—how much to hold;

(3) Direction—long or short; (4) Entry point—at what point to trade;

(5) Stop loss—when to exit a losing trade;

(6) Take profit—when to exit a winning trade;

(7) Countermeasures—how to respond to unexpected situations;

(8) Follow-up—actions after the trade ends.