Is trading cryptocurrencies luck or real skill? After ten years of honing, I’ll teach you how to stand tall in the crypto world!

Short-term market trading tips:

Pay attention to the trend after a major consolidation: When the price is consolidating at a high level, it often reaches new highs; conversely, when consolidating at a low level, it usually hits new lows. Therefore, it is essential to wait until the direction of the market change is clear before taking action; do not act blindly.

Do not trade during sideways markets: Most cryptocurrency traders lose money because they cannot adhere to this principle. During a sideways market phase, the trend is unclear, and rash trading can easily lead to losses; learn to wait patiently.

Trade based on candlestick patterns: When selecting candlesticks, consider buying when a bearish candlestick forms; conversely, when a bullish candlestick appears, it’s the time to sell.

Pay attention to the rhythm of declines and rebounds: As declines slow down, rebounds are often also gradual; however, after a rapid decline, rebounds tend to be stronger. Be adept at grasping these changes in rhythm.

Use the pyramid buying method for building positions: Players should build their positions according to the pyramid buying method. This is a relatively stable and reliable strategy in value investing in cryptocurrencies, and it is worth operators to follow in practical operations.

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