Methods to trade cryptocurrencies with thousands or even millions!
1. If a strong coin falls for 9 consecutive days at a high position, be sure to follow up in a timely manner.
2. If any coin has risen for two consecutive days, be sure to reduce your position in a timely manner.
3. If any coin rises by more than 7%, there is still a chance for further gains the next day, you can continue to observe.
4. For strong bull coins, be sure to wait until the pullback is over before entering the market.
5. If any coin has been stagnant for three consecutive days, observe for another three days; if there is no change, consider switching.
6. If any coin fails to recover the previous day's cost price the next day, you should exit in a timely manner.
7. If there are three on the rise list, there must be five; if there are five, there must be seven. Coins that have risen for two consecutive days should be entered on dips; the fifth day is usually a good selling point.
8. Volume-price indicators are crucial; trading volume is the soul of the cryptocurrency world. When the coin price breaks out with increased volume at a low level, it needs to be paid attention to; if there is increased volume but stagnation at a high level, you should decisively exit.
9. Only choose coins that are in an upward trend for trading, as this maximizes your chances and avoids wasting time. When the 3-day moving average turns upwards, it indicates short-term rise; when the 30-day moving average turns upwards, it means medium-term rise; when the 80-day moving average turns upwards, it indicates major upward trends; and when the 120-day moving average turns upwards, it indicates long-term rise.
10. In the cryptocurrency world, small capital does not mean no opportunities. As long as you master the correct methods, maintain a rational mindset, strictly execute strategies, and patiently wait for opportunities, you can also achieve wealth resurgence on this land full of opportunities. Remember, while the cryptocurrency world is good, the risks are also high; only by continuously learning, summarizing experiences, and improving yourself can you go further!
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