Very frank, thank you for sharing

Stable Profits with the 'Dumb Method' of Cryptocurrency Trading: Stabilize Risks, Secure Profits
In the cryptocurrency market, a solid strategy is far more important than short-term speculation. Here is a 'dumb' but very reliable trading method that can help you steadily profit in a complex market while firmly controlling risks.
Three Major Taboo Rules to Remember!
1️⃣ Avoid chasing highs and cutting losses
In times of extreme market volatility, when others are in panic, you should dare to enter the market; when others are greedy, remain calm instead. Buy during dips and sell during highs, staying away from the trap of blindly following trends.
2️⃣ Diversify risks, avoid putting all eggs in one basket
Do not stake all your funds on a single asset. By diversifying your investments, you can not only reduce the risks associated with the volatility of a single asset but also provide more growth opportunities for your portfolio.
3️⃣ Avoid full margin trading, maintain flexibility
Full margin trading can easily trap you in a passive position, losing market flexibility. Keeping a certain amount of funds as a buffer allows you to seize new opportunities in the market promptly and avoid missing out on good chances.
Six Practical Tips for Short-Term Trading
1️⃣ Don’t rush to buy at high prices, don’t rush to sell at low prices
When prices are too high, don’t rush to buy; wait for the trend to confirm further. When prices are too low, also be patient and wait until the trend is clear before making a decision.
2️⃣ Don’t trade during sideways consolidation
When the market is in sideways fluctuations, the trend is unclear, and entering or exiting easily can lead to being washed out by market volatility. At this time, maintain patience and wait for clear trend signals before acting.
3️⃣ Analyze operations based on candlestick charts
Observe the candlestick patterns; consider buying when a bearish candle appears and selling when a bullish candle appears. Go with the trend and try to avoid counter-trend operations.
4️⃣ The speed of rebounds reflects the intensity of declines
If the market declines slowly, the strength of the rebound is often weak; if the market declines rapidly, the rebound may also be fierce. Judge the strength of the rebound based on the market's decline.
5️⃣ Pyramid building method
Build positions in batches, don’t buy all at once. When prices drop, you can gradually increase your position, thereby lowering the overall cost and ensuring a more stable holding.

#UTK #VIB #ENA #DF #pivx $UTK $ENA $CTXC