Is there really a surefire way to make money in the cryptocurrency world?
1. If you see a popular coin falling from a high point and falling for 9 consecutive days, then this may be a good opportunity. You can try to follow up and see if it can rebound.
2. No matter which coin, if it rises for two consecutive days, then you have to be careful. Maybe it has risen almost enough. It’s time to consider selling and lock in some profits.
3. If a coin rises by more than 7% in one day, it may continue to rise the next day. You can take a look first and don’t rush to do it.
4. If you encounter a big bull coin that rises very sharply, don’t rush to chase it. It’s safe to wait until it stabilizes after a pullback.
5. Some coins have no big price movement for several days in a row. Then you can wait and see for three more days. If it’s still the same, you may have to consider changing to a coin with more potential.
6. After buying a coin, if you haven’t earned back the cost of the previous day the next day, don’t hesitate. Sell it quickly and don’t waste time.
7. On the list of rising coins, if a coin has risen for two consecutive days, it may continue to rise. The fifth day is usually a good selling point, so you can consider selling it at that time.
8. When looking at coins, don't forget the important indicator of trading volume. A large trading volume means that everyone is very interested in this coin. But if the price goes up and the trading volume does not keep up, you may have to prepare to retreat.
9. When choosing coins, choose those that are rising. Look at its moving average, such as the 3-day, 30-day, 80-day, and 120-day lines. If they are all upward, it means that it has a good growth trend and is worth considering.
10. In the currency circle, the amount of money is not the key. The important thing is that you have to know how to play, have a good mentality, and be patient. As long as you master the method, small funds can also become big wealth.