Is there really a guaranteed way to make money in the crypto world?
1. If you see a hot coin drop from its peak and it has been falling for 9 consecutive days, this might be a good opportunity to consider buying in as it could rebound.
2. No matter which coin it is, if it has increased for two consecutive days, you should be cautious; it may have peaked, and you should consider selling to lock in some profit.
3. If a coin surges more than 7% in a single day, it may continue to rise the next day. You can wait and observe before taking action.
4. When encountering a rapidly increasing coin, don’t rush in; it’s safer to wait for a pullback and stabilization before entering the market.
5. If a coin has shown little movement for several days, you can wait another three days. If the situation remains the same, it might be time to consider switching to a coin with more potential.
6. After buying a coin, if you haven’t regained the cost from the previous day the next day, don’t hesitate—sell quickly and don’t waste time.
7. On the gainers list, if a coin has risen for two days in a row, it may continue to rise; the fifth day is usually a good selling point, so consider selling then.
8. When analyzing coins, don’t forget the important indicator of trading volume. High trading volume indicates that there is significant interest in the coin. However, if the price rises but the volume doesn’t follow, it may be time to prepare to exit.
9. When selecting coins, choose those that are on the rise. Look at their moving averages, such as the 3-day, 30-day, 80-day, and 120-day lines; if they are all trending upwards, it indicates a healthy upward trend worth considering.
10. In the crypto world, having a lot of money or not is not the key. What matters is knowing how to play the game, maintaining a good mindset, and having patience. With the right methods, even small funds can grow into significant wealth.
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