Want to turn a few thousand into tens of millions through trading coins?
Let me give you a few tips, but remember, this is not a joke, you need to study seriously!
First, when you see those coins skyrocketing, once they start to drop from a high point for 9 consecutive days, you need to keep your eyes wide open and follow the trend; an opportunity might just arise.
Conversely, if a coin has gone up for two consecutive days, don’t get too happy too soon; it’s better to reduce your position quickly, as stable investment is the true way to go.
There’s also a rule: if a coin surges more than 7% in one day, it’s very likely to continue rising the next day; at this point, you don’t need to rush to sell, just wait and see.
For those truly big coins, don’t rush to buy in all at once; it's fine to wait until it stabilizes after a pullback before getting in.
If a coin has been as calm as still water for several days, wait three more days to see if there’s still no movement; if not, it’s time to look for something else, don’t hang yourself on one tree.
If a coin you bought today can’t even earn back yesterday’s cost by tomorrow, don’t hesitate, quickly withdraw, don’t cling to the battle.
There’s a trading mantra: "If there are three on the rise, there must be five; if there are five, there must be seven." This means that for coins that have risen for two consecutive days, you can look to buy at a low point; generally, the fifth day is a good selling point, so remember to seize the opportunity.
Trading volume is the barometer for trading coins, so study it well. If the coin price breaks out at a low volume, it might be gearing up to soar; if it breaks out at a high volume but can’t rise further, it’s time to run, don’t hesitate.
You need to follow the trend in trading coins; only coins in an upward trend are worth your time. For short-term, look at the 3-day line, for medium-term, the 30-day line, and for long-term, the 120-day line; if these lines start turning upwards, that’s a signal for an increase.
Recently, I plan to ambush a potential coin that is ready to explode; doubling is quite simple, and I’m also looking for some potential coins to hold until the end of the year, expecting a potential space of over ten times is definitely not a problem.