Want to turn a few thousand into tens of millions through cryptocurrency trading? Let me give you a few tips, but remember, this is no joke; you have to study hard!
First, when you see those skyrocketing coins, once they start to drop from a high position and fall for 9 consecutive days, you better keep your eyes wide open and follow the trend; you might just find an opportunity.
Conversely, if a coin has risen for two consecutive days, don’t celebrate too early; it’s better to reduce your position quickly; steady investment is the way to go.
There’s also a rule: if a coin surges more than 7% on a certain day, it’s very likely to continue rising the next day; at this point, you can hold off on selling and see how it goes.
For those truly strong coins, don’t rush to take a big bite; wait for it to stabilize after a pullback before getting in. If a coin has remained stagnant for several days, wait three more days to see if there’s still no movement, then perhaps it’s time to look at other options; don’t hang yourself on one tree.
If the coin you bought today doesn't even make back yesterday’s cost by tomorrow, don’t hesitate; quickly pull out and don’t get attached.
There’s a mantra for trading coins: "If there are three on the rise, there must be five; if there are five, there must be seven," which means that for coins that have risen for two consecutive days, you can look for a low point to buy in, and usually, the fifth day is a good selling point; remember to seize the opportunity.
Trading volume is the barometer for trading coins, so study it well. If the coin price breaks out with high volume at a low point, it might be about to take off; if it’s at a high point with high volume but not moving, then quickly run away, 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 views, look at the 3-day line, for medium-term, look at the 30-day line, and for long-term, look at the 120-day line; if these lines are turning upwards, that’s a signal of rising.
Recently, I plan to set up a potential coin that’s ready to explode; doubling is quite simple, and I’m also looking for some potential coins to hold until the end of the year, with an expected return of over 10 times being no problem; spots are limited! Want to keep up? Like + leave a message.