How to steadily profit in bull and bear markets?
1. When trading cryptocurrencies, focus on those strong coins. If you're uncertain, consider the 60-day moving average: if it's above, you can increase your position or buy; if it's below, consider withdrawing. This strategy works well in most cases.
2. When encountering a coin that suddenly rises more than 50%, don't rush to chase the price; it's easy to lose your composure. It's safer to buy from a lower position, with less risk, and the potential for greater gains.
3. There are usually signs before a big rise. For example, when prices fluctuate slightly within 10% to 20%, but trading volume begins to decrease. At this time, slowly buy in at lower levels, which will likely follow the upward trend.
4. When a new market hotspot appears, the first few days are often the hottest. Seize this opportunity and follow the big capital; making money becomes easy.
5. When a bear market arrives, you must restrain yourself and avoid making any moves for at least six months. During poor market conditions, trade less; knowing when to rest is what truly makes a master.
6. Review your strategies weekly, not to see if you made a profit, but to assess whether your strategies are appropriate. Stick to what works and adjust what doesn't; after a few months, your trading methods will become increasingly stable.
