After mastering this method of speculating in cryptocurrencies, you will be like a fish in water in the cryptocurrencies circle. Here are ten key rules:
1) If a strong coin falls for 9 consecutive days at a high level, you need to follow up in time.
2) When any coin rises for two consecutive days, reduce your position in time.
3) If the coin rises by more than 7%, there is still a chance of rising the next day, so continue to observe.
4) For strong bull coins, wait for the callback to end before entering the market.
5) For coins that have been flat for three consecutive days, observe for another three days. If there is no change, consider changing.
6) If you fail to recover your investment the next day, you should exit decisively.
7) On the list of rising coins, if there are three, there must be five, and if there are five, there must be seven. For coins that have risen for two consecutive days, you can enter the market at a low price, and the fifth day is a good time to sell.
8) Volume and price indicators are crucial, and trading volume is the core of the cryptocurrencies circle; low-level volume breakthroughs need to be paid attention to, and high-level volume stagnation should be decisively exited.
9) Choose coins that are in an upward trend, and pay attention to the trend of the moving average in the short, medium and long term.
10) Small capital also has opportunities. Stay rational, strictly implement strategies, and patiently wait for the best time.