Want to turn a few thousand into tens of millions by trading cryptocurrencies? Let me give you some tips, but remember, this is not a joke, you have to study hard!

First of all, when you see those skyrocketing coins, if they start to fall from a high position for 9 consecutive days, you better keep your eyes wide open and follow the trend; an opportunity might just come along.

Conversely, if a coin has risen for two consecutive days, don’t celebrate too early; quickly reduce your holdings, as steady investment is the way to go.

There’s also a rule: if a coin surges more than 7% on a certain day, it might continue to rise the next day; at this point, you can hold off on selling and observe a bit longer.

For those truly promising coins, don’t rush to buy in all at once; wait for it to stabilize after a pullback before getting in.

If a coin has been as calm as still water for several days, wait another three days to see if there’s still no movement; if not, consider switching to something else—don’t get hung up on one tree.

If a coin you bought today can’t even recoup yesterday’s cost by tomorrow, don’t hesitate; quickly pull out and don’t get attached to the battle.

There’s a trading mantra, “If there are three on the rising list, there must be five; if there are five, there must be seven,” meaning that for a coin that has risen for two consecutive days, you can look to buy at a low point, and generally, the fifth day is a good selling point, so remember to seize the opportunity.

Trading volume is the weather vane for trading cryptocurrencies; it needs to be studied well. If the coin price breaks through with high volume at a low level, that might be the signal to take off; if it’s at a high level but the volume doesn’t push it up, then run quickly—don’t hesitate.

You need to follow the trend in trading cryptocurrencies; only coins in an upward trend are worth your time. Look at the 3-day line for short-term, the 30-day line for medium-term, and the 120-day line for long-term; if these lines are turning upward, it’s a signal for rising.