Five years ago, I met a predecessor in Shanghai who easily withdrew over twelve million from the crypto market using the simplest method. He taught us that the grand principle is always simple. Trading cryptocurrencies is something that, if you overcomplicate it and consider too many factors, your judgments will become less accurate. Those who lose money trade this way. To make a profit is quite simple; just find a method that suits you and that you are good at, and repeat it. Before you know it, the numbers in your account will increase.
The words of my predecessor have always stayed with me. The methods I used at that time have proven to be useful in practice. Compared to other methods on the market, they are indeed simpler and more practical. Below, I will share this method with everyone. As long as you can learn it, you may not multiply your investment dozens or hundreds of times like my predecessor, but at least making some pocket money is not a problem.
Alright, without further ado, let's get straight to the main point. The method is very simple; everyone just needs to remember this mnemonic.
First, wait for highs and lows. When the market is in a sideways consolidation, it's best to observe for a while because after consolidation, there will be a change in the market. It's best to act only after clear market conditions arise.
Second, do not cling to hot positions; positions should be frequently changed. From start to finish, it can end up empty. All popular short-term positions are speculative; once the heat passes, funds will immediately leave. If you are slow, you will be left alone in the chaos.
Third, during a rise, if there is a gap up and a significant increase, it indicates that the market is entering an acceleration phase. At this point, we must remain calm, hold the tickets steadily, and what awaits you next will be a wave of significant profits. Fourth, do not cling to massive bullish candles; exit decisively at the close, whether at high or low levels. After a huge bullish candle appears, there will be a correction, even if it hits a limit up, you must exit. We need to prevent profit retracement.
Fifth, buy during online bearish signals, and buy offline bullish signals. Sell during bearish signals as well. The lines here refer to moving averages or important support or resistance levels. Short-term traders generally only look at daily moving averages and daily attack lines. I don't like to drag things out. Short-term trades usually only hold for three days, at most not more than a week, even if things improve later, it has nothing to do with me.
Sixth, do not chase highs, do not sell, do not jump into the market, do not buy, remain stagnant during sideways movement. This can be said to be a fundamental principle for survival in the crypto world. If you want to survive in the crypto space for a long time, you must remember this sentence well.
Seventh, enter the market carefully, prepare first, better to enter less than to enter more. No matter how confident you are, you cannot invest all your funds at once. Because in the crypto world, the only constant is change. Before entering, ask yourself four questions.
1. What is the reason for buying?
2. What is your trading plan?
3. What will you do after a decline?
4. What will your follow-up actions be after being stuck?
As long as you can ensure that everything has expectations and facts have responses, you will inevitably achieve stable profits.#非农就业人数大幅降温 #BNB季度销毁 #11月市场预测 #小非农ADP走高 #比特币白皮书16周年 $BTC $ETH $BNB 
