The most foolish and stable method of trading cryptocurrencies that allows you to keep earning

There is a very foolish method for trading cryptocurrencies, but this method can almost consume all profits, slowly learning. First of all, when trading cryptocurrencies, we should never do three things.

The first thing is to never buy in when prices are rising; instead, be greedy when others are fearful and fearful when others are greedy. You should buy when prices are falling and make this a habit.

The second is to never place large orders.

The third is to never go all-in; being all-in makes you very passive, and the market is never short of opportunities. The opportunity cost of being all-in will be very high.

Additionally, let’s discuss the six mantras for short-term trading.

The first is that after a price consolidation at a high level, there will usually be a new high. And after a consolidation at a low level, there will usually be a new low, so we should wait until the direction of the price change is clear before making a move.

The second is to not trade during sideways movements; most people lose money in cryptocurrency trading because they can't manage this simplest point.

The third is when selecting candlesticks, we should buy when a bearish candle closes on the daily chart. Conversely, we should sell when a bullish candle closes.

The fourth is that the decline slows down, the rebound is also slow, and the decline accelerates the rebound.

The fifth is to build positions using the pyramid buying method, which is the only constant in value investing.

The sixth is that when a cryptocurrency continues to rise or fall, it will inevitably enter a sideways state. At this time, we do not need to sell everything at a high position, nor is it necessary to buy everything at a low position. Because after consolidation, there will inevitably be a price change. If the price changes downward from a high level, we need to clear our positions in a timely manner.