Beginner's Cryptocurrency Trading Guide: Simple and Practical, Steady and Sure

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Are you a newbie wanting to trade cryptocurrencies? No problem, I have a simple and practical strategy that will ensure you stand firm in the crypto world.

First, you need to learn to observe trends. If a strong coin has dropped for nine consecutive days at a high position, that’s a great time to enter the market. Don’t hesitate, decisively follow in; you might just make a fortune.

Conversely, if a certain coin has risen for two consecutive days, you need to be cautious. At this point, you should reduce your position in time to secure profits. Don’t be greedy, remember that the crypto market is highly volatile; timely profit-taking is the way to go.

Also, if a certain coin has surged more than 7%, there might be a chance for further gains the next day. At this time, you can continue to observe and see how the market reacts. But remember, don’t wait indefinitely; take action when it’s time to act.

For those big bull coins, you need to be patient. Don’t rush in just because it’s rising; wait until the correction has ended before considering. This way, you can safely enjoy the dividends of the rise.

If a certain coin has shown very little fluctuation for three consecutive days, you can observe for another three days. If there’s still no change, consider switching to another investment. After all, there are plenty of opportunities in the crypto world, don’t hang yourself on a single tree.

Moreover, you need to learn to read volume-price indicators. Trading volume is the soul of the crypto world; it reflects the market's activity level. When the coin price breaks through with volume at a low level, you need to pay attention; while at a high level with volume stagnation, you should decisively exit.

Remember, trading cryptocurrencies must follow the trend. Only those coins that are in an upward trend should be your first choice. Look at the 3-day, 30-day, 80-day, and 120-day moving averages; they can help you judge short-term, medium-term, and long-term trends. Following the trend increases your odds of success.

Recently, I plan to ambush a potential coin that is ready to explode; doubling your investment should be quite easy. At the same time, I also intend to find some potential coins to hold until the end of the year, expecting a space of ten times or more is not a problem. If you want to follow along, please like and leave a message for a free share.