Want to avoid detours as a novice in cryptocurrency trading? Look here!
I have my own way of trading cryptocurrencies. I have read these rules over and over again and have memorized them by heart. I have been trading cryptocurrencies for nine years. I started with a capital of 1 million yuan, but after three years, I lost only 100,000 yuan. At that time, my relatives and friends advised me not to trade anymore, saying that this thing is too risky.
But I just couldn't give up and thought about using this 100,000 yuan to fight again. As a result, I used this last 120,000 yuan to make 20 million yuan in three years! So, as long as you find a method that suits you and implement it unswervingly, you will definitely be able to turn things around!
Next, I will talk about my cryptocurrency trading skills. You have to look at the market's popularity first. If the trading volume is large but the price does not fall, it may be a rebound; if the trading volume is large but the price cannot go up, it may be a short-term peak. The requirements for trading volume are different when rising and falling. When the market is rising, the trading volume must increase steadily. If it suddenly decreases, or there is a particularly large volume, then the rise may be almost over. When the market is falling, as long as the volume increases when some key positions are broken, the decline will continue.
You also have to pay attention to some important positions, such as pressure points, support points, and trend lines. Once you reach these positions, you have to act quickly. I myself particularly like to use the golden section to predict these positions. When looking at the market, there must be several time windows. The 1-minute line is used to find the timing of entry and exit, 3 minutes is used to observe the fluctuations after entry, and half an hour or an hour is used to observe the trend changes of the day.
If you stop loss, don't rush to save it. Stop loss means that the transaction is over, and the next one is a new beginning. Don't be affected by the previous operation.
Finally, I will teach you a trick that is very simple and practical. Even a novice can make money easily. This trick is: after buying, the rules of buying and selling are set, and you must strictly follow the rules to make money steadily. Remember, the key is to be able to persist!
For the next layout direction, I will lead everyone to target the huge profit opportunities of copycats. There is no problem in expecting the space to be more than 10 times. Like + leave a message, and I will take you to layout the entire bull market together!