Learned this dumbest method of trading cryptocurrencies, from now on in the crypto circle
1. If a strong coin has dropped for 9 consecutive days at a high position, be sure to follow up in time.
2. If any coin has risen for two consecutive days, be sure to reduce your position in time.
3. If any coin has risen by more than 7%, there is still a chance to rise the next day, continue to observe.
4. For strong bull coins, be sure to wait until the correction ends before entering the market.
5. If any coin has been stable for three consecutive days, observe for another three days; if there is no change, consider switching.
6. If any coin fails to recoup the previous day's cost price the next day, exit in time.
7. In the rising list, where there are three, there must be five; where there are five, there must be seven. For coins that have risen for two consecutive days, enter when the price is low, the fifth day is usually a good selling point.
8. Volume and price indicators are crucial; trading volume is considered the soul of the crypto circle. When the price breaks out at the low level during consolidation, it needs attention; if there is a volume stagnation at a high level, exit decisively.
9. Only choose coins that are in an upward trend for operations, as this maximizes the odds and avoids wasting time. A 3-day line turning upwards indicates short-term rises; a 30-day line turning upwards means medium-term rises; an 80-day line turning upwards indicates a main rising trend; a 120-day moving average turning upwards indicates long-term rises.
10. In the crypto circle, small funds do not mean no opportunities. As long as you master the correct methods, maintain a rational mindset, strictly execute strategies, and patiently wait for opportunities to come, you can also achieve a wealth reversal in this land full of opportunities. Remember, while the crypto circle is good, the risks are also great; only by continuously learning, summarizing experiences, and constantly improving oneself can one go further! #CryptoKnowledge #Bitcoin