3 Major Pitfalls to Avoid:
1. Don't Buy During Price Surges: Wait for market cooldown.
2. Don't Suppress Orders: Understand market flow, don't manipulate.
3. Don't Overinvest: Maintain liquidity for flexibility.
6 Tips for Short-Term Crypto Trading:
1. Wait for Clear Direction: Patiently wait for market trends.
2. Avoid Sideways Markets: No clear direction, sit on the sidelines.
3. Use Daily Charts & K-Line Indicators: Effective timing for entries/exits.
4. Analyze Price Movement Patterns: Anticipate market shifts.
5. Pyramid Buying Strategy: Gradual position building.
6. Understand Market Consolidation: Prepare for market shifts.
Key Takeaways:
1. Discipline is key.
2. Technical analysis is crucial.
3. Patience and flexibility are essential.
4. Avoid common pitfalls.
5. Stay informed, not emotional.
Trade Smart, Not Hard.
