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Cryptocurrency trading beginners must see! If you want to get started quickly, here are the essentials you need!

In the matter of trading cryptocurrencies, I am quite experienced. With nine years of practical experience, I've mastered a lot of tricks. At the beginning, I entered the market with 1 million, and after three years, I lost it down to 100,000. At that time, relatives and friends advised me to quit, saying this thing is very risky, but I just couldn't accept it and decided to take one last shot with the remaining 100,000.

Guess what? I used that 100,000 plus the previous remaining 20,000, and in three years, I actually made 20 million! So, trading cryptocurrencies is all about finding the right methods and sticking with them.

Now, let me share my insights on cryptocurrency trading with you. First, you need to keep a close eye on market sentiment; if the trading volume is high but the price hasn't dropped, it might be ready to rebound; if the trading volume is high but the price is stagnant, it might be the end of a short-term rally. The changes in trading volume during price increases and decreases are different, so you need to observe carefully.

Also, you must remember a few important levels, such as resistance and support levels; when these levels are reached, you need to act quickly. Personally, I really like to use Fibonacci retracement to predict these key points. When looking at the market, you should have several time frames: the 1-minute chart helps you find entry and exit points, the 3-minute chart observes fluctuations after entering, and the half-hour or hourly chart helps you see the daily trend clearly.

If you hit a stop loss, don't rush to recover. A stop loss means that this trade is over; you need to let go of the past and start anew. Remember, in cryptocurrency trading, your mindset is very important.

Let me teach you a trick, simple and practical. After buying, the rules of buying and selling are set; you must strictly follow the rules. Don't have one idea today and a different one tomorrow, or you definitely won't make money. Remember, the key is to be able to persist! As long as you stick to executing your strategy, you can also succeed in cryptocurrency trading!

Preemptively position yourself in potential coins, like and comment, keep up with my rhythm, and you'll earn a fortune in this bull market!