The Wealth Code to Earn Tens of Millions Annually: Do These Few Things to Start Your Wealth Growth Journey
First, when trading cryptocurrencies, we should never do three things.
The first thing is to never buy when the price is rising; be greedy when others are fearful and fearful when others are greedy. Get into the habit of buying during price drops.
The second is to never place large orders.
The third is to never go all-in; being all-in puts you in a very passive position, and the market is full of opportunities. The opportunity cost of being fully invested is very high.
Now let’s talk about the six rules for short-term stock trading.
The first is that after the coin price stabilizes at a high level, there is usually another new high. Conversely, after stabilizing at a low level, it usually hits a new low again. Therefore, wait until the direction of the trend becomes clear before making a move.
The second is to avoid trading during sideways movements. Most people lose money in cryptocurrency trading because they can't adhere to this simplest principle.
The third is to buy on the daily chart when a bearish candlestick forms and sell when a bullish candlestick forms.
The fourth is that a slowing downtrend leads to a slow rebound, while a rapid downtrend can lead to a sharp rebound.
The fifth is to build positions using the pyramid buying method, which is the only unchanging principle of value investing.
The sixth is that when a cryptocurrency has been continuously rising or falling, it will inevitably enter a sideways trading state. At that point, there's no need to sell everything at the high or go all-in at the low. After consolidation, a trend change is bound to occur. If the trend changes downward from a high, it is essential to clear your position promptly; in short, you need to act quickly.
Recently, I plan to position myself for a potential explosive cryptocurrency that could easily double. I also intend to find some potential coins to hold until the end of the year, expecting a growth of over ten times is not a problem. If you want to follow this, leave a message, follow, like, and join the group.
