The Eight-Year Cryptocurrency Trading Legend: The Journey from Grassroots to Becoming a Multi-Millionaire
I have been trading cryptocurrencies for eight years, and I have really managed to save over forty million. My whole family relies on this skill of mine to live. Over these eight years, I have figured out six particularly practical tips that are simple and effective. Today, I will share them with everyone, and once you learn them, you will definitely avoid a lot of detours!
The first tip is to keep a close eye on those powerful cryptocurrencies while trading. When you feel uncertain, just look at the 60-day moving average; if it’s floating above, we can boldly buy in or add to our position. If the moving average drops below, we need to withdraw, without hesitation. This trick works well in most cases.
The second tip is that if a cryptocurrency suddenly rises by more than half, we shouldn’t rush to chase it; it’s easy to panic. It’s safer to buy when the price is low, with less risk, and who knows, we might even make more profit.
The third tip is that before a big rise, there are often some signs. For example, if the price is fluctuating without much change, with a rise and fall of only ten to twenty percent, but the trading volume is low. At this time, we can slowly buy in when the price is low, and we are likely to catch the wave of the rising trend.
The fourth tip is that when there’s a new hotspot in the market, it will definitely be lively in the first few days. At this time, we need to seize the opportunity and follow the large funds; making money will be much easier.
The fifth tip is that if a bear market comes, we need to control our hands and not mess around for at least six months. When the market is bad, we should trade less; knowing when to rest is what makes a master.
The sixth tip is that every week, we need to look back, not to check if we made money, but to see if our strategy is correct. If it’s correct, we continue; if not, we adjust. After a few months, your trading skills will stabilize, and you will have a clear understanding.
Remember, success is not about luck falling from the sky; it is prepared for those who are ready. We all need to learn with heart to truly master the skills!
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In the next layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those projects with great potential, where a tenfold increase is definitely possible. If you want to make big money in a bull market, like and comment, and I will take you through the entire bull market layout!