Learn one thing about losing money every day

#MagicEden(ME)上市币安
A super simple method for trading cryptocurrencies that guarantees profit without loss

When trading cryptocurrencies, there is a particularly simple but reliable method that can help you secure your profits, but it requires careful consideration. When trading, there are three things you must absolutely avoid.

The first thing is, don't buy when prices are rising; learn to buy boldly when others are scared to death, and be cautious when others are rushing in. Get into the habit of buying when prices are falling.

The second thing is, don’t put all your money into a single trade.

The third thing is, don’t operate with a full position; once you’re fully invested, you become passive. There are plenty of opportunities in the market, and being fully invested increases your opportunity cost.

Now let’s talk about a few tips for short-term trading:

First, don’t rush to buy when prices are high, as they might go up a bit more; also, don’t rush to sell when prices are low, as they might drop a bit more. Wait until the direction is clear before taking action.

Second, don’t trade during sideways movements; if you can’t avoid this, many people will end up losing money in crypto trading.

Third, look at the K-line chart: try buying during bearish candles and consider selling during bullish candles.

Fourth, if the price is falling slowly, the rebound will also be slow; if the price is falling quickly, the rebound will be strong.

Fifth, build your position using a pyramid approach; this is an old rule of value investing.

Sixth, if a cryptocurrency is rising sharply or falling dramatically, it will definitely trade sideways for a while afterward. At this time, don’t sell everything at a high point and don’t buy everything at a low point. After the sideways movement, there will be a trend change; if it starts to drop from a high point, you need to clear your position quickly.

#加密市场回调
For the upcoming layout direction, I will guide everyone to target the lucrative opportunities in altcoins, especially those with high potential projects, where the expected growth is easily over ten times. If you want to make big money in a bull market, like and comment, and I will help you layout the entire bull market!