I have been in the cryptocurrency circle for almost five years. This is a little experience I have summarized in the past few years. It is all practical. You can remember and learn.
1️⃣ If the amount of funds is not large, for example, within 200,000, it is enough to catch a major rising market every year, and don't always operate with a full position.
2️⃣ The money you earn will not exceed the scope of your cognition. Practice with a simulated account first to cultivate a real mentality and courage. Simulations can fail repeatedly, but a failure in real operations may lose everything, or even stay away from the market forever.
3️⃣ When there is major good news, if you don't sell it on the same day, you must sell it when it opens high the next day, because the realization of good news often means bad news.
4️⃣ One week before major holidays, you should gradually reduce or even clear your positions, because holidays usually cause the market to fall.
5️⃣ The core of the medium and long-term strategy is to keep enough cash. Sell when it rises and buy back when it falls. Rolling operations can better cope with market fluctuations.
6️⃣ Short-term trading should focus on trading volume and price graphics. Targets with large fluctuations and activeness can be operated, but those that are dull should not be touched.
7️⃣ When the decline is slow, the rebound will also be slow; when the decline accelerates, the rebound will usually be faster.
8️⃣ If you buy the wrong one, you must decisively admit the mistake and stop the loss in time. Keeping the principal is the key to survival.
9️⃣ When operating in the short term, you must refer to the 15-minute K-line chart and combine the KDJ indicator to find the right buying and selling points.
🔟 There are many techniques and methods for speculating in coins, but it is enough to master only a few of them. Don't be greedy for more.
1. Avoid Frequent Position Changes: Unless you have already secured sufficient profits, frequent adjustments to your positions are not advisable. Maintain patience and avoid emotional trading.
2. Patience is Key: The overall trend in a bull market is upward, with market bottoms continuously rising. Holding quality assets is crucial for achieving long-term gains.
3. There’s Always a Reason for the Rise: During the market's upward movement, there will always be various explanations and signals, but the most robust strategy is to stick with your positions and capitalize on the cyclical rises of the bull market.
The current price has reached TP1:7.7 area. Here I personally suggest to start reducing the position and stop profit. The next TP can be set at 10.5 area.
2,020,624,700 SHIB sold in one hour – what happened?
Data shared by popular blockchain wallet tracker Shibburn shows that an anonymous whale burned a large amount of Shiba Inu meme coins in just one transaction. Meanwhile, the price of the second most popular meme cryptocurrency SHIB has been struggling to recover and surpass the $0.00003 level after falling from $0.00003316 on Sunday. More than 2 billion SHIB lost in the fire The above data source shows that in the past 24 hours, the Shiba Inu community has been actively destroying SHIB coins, and they have successfully processed a large amount of cryptocurrency - 2,022,950,833 SHIB.
Secrets of the cryptocurrency world, mastering just one can unlock a life of wealth. A single skill can truly enable you to thrive.
1. The longer it consolidates, the higher it will rise; the longer the consolidation, the higher the rise. Consolidation with fluctuations indicates accumulation at the bottom; the more accumulation, the greater the ambition. During the consolidation phase, fluctuations represent strong accumulation, manifested through shakeouts: back-and-forth price movements, straightforward yet effective.
2. If it suddenly drops while consolidating, it will be a small drop, and it must rise after the drop. If it suddenly rises while consolidating, it will be a small rise, and it must drop after the rise.
3. If it doesn’t create new lows, it’s about to rise; if it doesn’t create new highs, it’s not good. Not creating new lows indicates that major funds are entering to accumulate, signaling a bottom is near; not creating new highs implies that the operators are secretly offloading their shares, which is a bad sign.
4. Volume at a critical point indicates a significant rise if low, and a significant drop if high. At critical points, the volume is in a wait-and-see mode, with no buying or selling; either everyone is holding onto their shares waiting for a rise, or the operators have run out of shares waiting for a drop.
5. After a shallow drop at the peak, it probes upward again; after a rebound at the bottom, it tests the bottom again. Probing upward is when the operators sell off the remaining shares that haven’t been sold, while testing the bottom is to collect shares shaken off at the bottom once more.
The above is for reference only and does not constitute any investment advice.
They think that other people's success is just luck, and their own lack of success is merely a matter of a bit of luck.
However, please remember that every day a new legend is born. Instead of thinking that others' yesterdays are just luck, consider what your own tomorrow will rely on.
Life requires luck, but success is certainly not a matter of chance.
Those skilled in arbitrage can still profit greatly in a bull market without exposure; Those skilled in technical analysis can catch the middle of the trend without understanding the sector and logic; Those skilled in logic and sectors can hold onto their targets and will eventually see their sector rise; Those proficient in primary markets are indifferent to secondary market conditions, consistently profiting from the primary; Those skilled in construction do not need to trade back and forth; building a solid target is enough to sustain half a bull market.
Bitcoin fluctuated repeatedly yesterday, one moment it was celebrated everywhere, the next moment it was catastrophic. The rebound continues to weaken, having broken below 97300 and failing to recover, even falling below 96000, now oscillating around 95500. The lower level of 94500 is being challenged again; if it cannot recover above 96000 in time, then Bitcoin's further decline to 94500 may not hold. A drop below could lead to oscillation in the 93500—92500 range. Currently, it is moving down the staircase in a form of wash trading.
As for ETH and SOL, I won't say much today; both have entered an adjustment phase, especially SOL, which has long been weak. ETH is facing strong resistance in the 38500—3900 range, which it surely cannot break through temporarily.
Let's talk about other public chains that have opportunities for a rebound. This morning, I woke up to see LINK surging, breaking through 20 dollars, LTC is already at 130, and ADA has also broken through 1, reaching 1.27. These days, the crazy rebound has been for old value coins that were basically unnoticed at the beginning of last month, as everyone chased meme coins.
So next, these few coins are worth paying attention to, such as whether SSV can stabilize above 30 dollars, whether COW can hold steady at 0.4 dollars, whether RUNE can break the previous high of 6.6 dollars, whether ETHFI can break through the 2.7 range resistance, and whether OP can stabilize at 2.4 to potentially initiate a rebound. These are all coins in the DeFi sector that still have opportunities for rebound, so everyone should pay attention and find suitable positions to place orders, waiting for Bitcoin's spikes to get in. Friends who like my posts can help share it, thank you!!!
Trading is like hunting, the most important thing is to wait patiently. The best time to trade requires a long wait. If the time is not right, no matter how you buy and sell, you will only lose more and win less!
The three major indices opened slightly higher, with the Nasdaq up 0.19%, the Dow up 0.03%, and the S&P 500 index up 0.14%.
The cryptocurrency market is experiencing significant volatility, with today's main focus on cryptocurrencies expected to receive spot ETF approvals, particularly highlighted by XRP, HBAR, and LTC. The top gainers are primarily older coins, while the largest losses are seen in the meme sector.
$LINK has strongly broken through the resistance level of 19.25 dollars, surpassing 20 dollars in the past hour!
Now, everyone's attention is focused on the cycle high of 22.90 dollars. If we break through this high point, to be honest, there won't be much resistance before setting a new all-time high.
Chainlink is running very fast right now.
Trade $LINK on the largest non-KYC CEX and get up to 305,000 dollars in bonuses:
Bitcoin: After a 39% Surge in November, Will BTC Reach $140,000 in December?
After the U.S. presidential election, Bitcoin [BTC] experienced exponential growth, soaring from a low of $66,000 to a historic high of $99,800. However, since reaching that high, it has experienced market adjustments, falling back to $90,742. The increased market volatility has left cryptocurrency analysts feeling conflicted, with some optimistic about breaking $100,000 while others believe it may decline. One of the optimistic analysts is renowned cryptocurrency analyst Ali Martinez, who predicts a rebound in December based on the U.S. presidential election.
At this point, you can see how strong it is. While others are pulling back, Er Gouzi is still pushing up the price. Learn from this, everyone should look for such sudden volume breakthroughs of the previous highs from one or two years ago, and at the same time, the project's official Twitter will have some positive news or product updates. $ALGO hopes everyone can achieve five times the returns together!
In a bull market, there are many pullbacks, and pullbacks are opportunities for wealth. I previously mentioned that I heavily invested in doge, sol, and xrp at the lows. The returns for the other two except sol have been very high. Recently, it may pull back again, and during the pullback, I plan to exchange half of my xrp and doge for avax. Avax is a very certain opportunity; it could be the next big coin to surge.
$STX Let's go 1. Upward trend 2. Volume breakout at resistance level, followed by a decrease in volume for a pullback 3. EMA5 EMA20 golden cross 4. MACD golden cross Take action when it's time!!