Having learned this simplest method of trading cryptocurrencies, I can now navigate the crypto world as if I have a cheat code, with a green light all the way, just because I have firmly grasped
1. If a strong coin falls for 9 consecutive days from a high position, be sure to follow up in time.
2. Whenever a coin rises for two consecutive days, be sure to reduce your position in time.
3. If any coin has risen more than 7%, there is still a chance to rise the next day, and 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 shown stable fluctuations 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, you should exit in a timely manner.
7. In the rise ranking, if there are three, there must be five; if there are five, there must be seven. For coins that have risen for two consecutive days, buy on dips, as the fifth day is usually a good selling point.
8. Volume-price indicators are crucial; trading volume is considered the soul of the crypto world. When the price breaks out with increased volume at a low level, it should be monitored; if there is a situation of high volume stagnation at a high level, one must decisively exit.
9. Only choose coins that are in an upward trend for operations, as this maximizes the chances of success and does not waste time. A 3-day moving average turning upward indicates a short-term rise; a 30-day moving average turning upward indicates a medium-term rise; an 80-day moving average turning upward indicates a main rising wave; a 120-day moving average turning upward indicates a long-term rise.
10. In the crypto world, 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 arise, you can also achieve a wealth reversal on this land full of opportunities. Remember, while the crypto world is good, the risks are also great. Only by continuously learning, summarizing experiences, and constantly improving oneself can one go further!
