I have been losing money in cryptocurrency trading for 3 years and making profits for 7 years. Now I make a living by trading cryptocurrencies and have learned 6 invaluable experiences. Although the content is not much, every word is as valuable as gold!

1. Trade strong currencies. If you don’t know how to judge the strength of a currency, use the 60-day line as the dividing line between strength and weakness. When the currency price stands on the 60-day line, you can enter the market or increase your position if it stabilizes. If it falls below the 60-day line, you will be out. Under strict implementation, it is applicable to most targets.

2. Avoid continuous gains of more than 50%. If it rises a little, you can’t hold it, but will be worried. In comparison, the low position has greater advantages and higher cost performance. First of all, the risk can be controlled, the upward momentum is greater, and the chances of winning are higher.

3. There will be obvious characteristics before the main rising wave is formed. Usually, there will be a wave of small negative and positive fluctuations with a rise and fall of -10%~20%. When the currency price is at a relatively low level, you can actively participate in batches, and there will be a round of market in nine out of ten cases.

4. When a new concept track opportunity comes out in the market, there is a high probability that there will be 3-5 days of room for growth. If you grasp this rule well, you can easily catch up with the main force!

5. When the bear market comes, at least keep the warehouse empty for more than half a year. When the market is not good, do less operations. Those who know how to buy are apprentices, those who know how to sell are masters, and those who know how to rest empty are the ancestors.

6. Adhere to weekly review. Reviewing is not to see whether you make a profit or loss, but to see whether the method is right. If it is right, continue to follow this method. If you make a mistake, find out the reason and correct it as soon as possible. If you persist for a few more months, you will form your own operation mode!

Success is not accidental, and opportunities are only reserved for those who are prepared. No matter what the market is like, I will always be with you!

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