I don't know if you made money or not, but I did. I have been trading cryptocurrencies for nine years, and I made a profit of 20 million from 30,000 yuan when I entered the market. I only used 5 warehouses, and my monthly income could reach 70% with this method. I shared the essence of it with my apprentice, and he used it to perfection. He used this method to do short-term trading, and his income doubled in 3 months. Today, I specially sorted out my dry goods and shared them with those who are destined to collect them.
Today I want to share with you some of my experiences in the cryptocurrency circle over the years. After all, catching the wave of 24-25 years is a good start.
On the other hand, everyone's expectations for the fourth quarter of this year are getting higher and higher. If you can turn yourself into a hexagonal warrior+ through these two years of polishing, it will be a great gain, even greater than making money.
I have summarized the following experience and insights of cryptocurrency trading. It is full of useful information. Please like and collect it after reading it.
1. If a strong coin has fallen from a high level for 9 consecutive days, be sure to follow up in time.
2. If any currency rises for two consecutive days, be sure to reduce your position in time.
3. As long as any currency rises by more than 7%, there is still a chance for it to rise higher the next day, so you can continue to wait and see.
4. For strong bull coins, be sure to wait until the pullback is over before entering the market.
5. If any currency fluctuates flatly for three consecutive days, observe for another three days. If there is no change, consider changing to n.
6. With a mid-term mentality, hold a large position in one coin, keep some in your hand, sell when it is high, and buy when it is low. Rolling operation is the best strategy.
7. When doing short-term trading, the most important thing is to look at the K-line and the four factors of sentiment, heat and rising speed.
8. It is safest to buy currencies that are bottoming out.
9. It is the best choice to buy currencies that are gradually rising.
10. The most worthwhile application is the divergence of the technical indicator, rather than the numerical value of the indicator.
11. If any currency fails to earn back the cost price of the previous day on the next day, it should be exited in time.
12. If there are three on the list of rising currencies, there must be five, and if there are five, there must be seven. If a currency has risen for two consecutive days, you should buy it at a low price. The fifth day is usually a good selling point.
13. Volume-price index++ is crucial, and trading volume is the soul of the currency circle. When the price of a currency breaks through with large volume at a low level during consolidation, it is necessary to pay attention to it; when there is a situation of large volume stagnation + at a high level, it is necessary to leave the market decisively.
14. Only choose currencies that are in an upward trend to operate, so that the chances of winning are the highest and time will not be wasted. The 3-day line turns upward, which is a short-term rise; the 30-day line turns upward, which means the mid-line rises; the 80-day line turns upward, which is the main rising wave; the 120-day moving average + turns upward, which is a long-term rise.
15. In the cryptocurrency world, small capital does not mean no opportunities. As long as you master the correct methods, maintain a rational mindset, strictly implement strategies and patiently wait for opportunities to come.
