The winning iron rule for full-time cryptocurrency trading, this set of trading secrets will save you 10 years of detours!

I have a set of secrets for trading cryptocurrencies, these rules I have read no less than a hundred times and have them firmly in mind. I have been trading cryptocurrencies for nine years, and when I started I entered the market with 1 million in capital, but after three years, I was left with only 120,000. At that time, relatives and friends advised me not to trade anymore.

But I was determined, thinking I would take a last gamble with this remaining 120,000, so I dived in headfirst. In three years, I managed to turn that 120,000 into 27.5 million. When you really find a method that suits you and follow it, you can turn things around! Next, let me share some of my trading tips.

First, you need to pay attention to market sentiment and emotions. If the trading volume is high but the price isn’t dropping, that might mean it’s about to stop falling. If the trading volume is high but the price can’t go up, that might signal the end of a short-term rise. The requirements for trading volume are different during price increases and decreases. During an increase, trading volume must continue to increase steadily; if it suddenly decreases or there’s a particularly large volume, that might indicate the rise is nearly over. During a decrease, as long as there’s a breakout at key levels with increased volume, the downtrend will likely continue.

You also need to pay attention to some key points, such as resistance levels, support levels, and trend lines. When the price reaches these points, you need to act quickly. I personally like to use Fibonacci retracement to predict these points. When watching the market, you should have several time frames; the 1-minute chart is used to find entry and exit opportunities, the 3-minute chart is used to monitor the segments after entering, and the 30-minute or 1-hour chart is used to observe daily trend changes.

If you need to cut losses, don’t rush to recover; cutting losses means that trade is over, and the next one is a new beginning. Don’t let previous trades affect you. Finally, I’ll teach you a simple yet practical trick that even beginners can use to make money easily.

This method is very simple, but the key is that you must be able to stick with it. Once you buy, the buying and selling rules are set and must be followed strictly to make stable profits.

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