As someone who has been trading cryptocurrencies for over 10 years, from entering the crypto world with 50,000 to making 20 million, then going into debt of 8 million, back to a profit of 20 million, and now achieving financial freedom, in the nearly two years from May 23, 2022, to June 4, 2024, I managed to turn less than 500,000 into a return of 418134.86%, achieving over 28 million. Here are some practical and useful suggestions for those who are new to the crypto space!
1. If a strong coin has dropped for 9 consecutive days at a high position, make sure to follow up in a timely manner. 2. If any coin has risen for two consecutive days, make sure to reduce your position in a timely manner. 3. If any coin has risen more than 7%, there is still a chance for a further rise the next day, so you can continue to observe. 4. For strong bull coins, make sure to wait until the pullback ends before entering the market. 5. If any coin has shown flat volatility for three consecutive days, observe for another three days; if there is no change, consider switching to another. 6. If any coin fails to recover the previous day's cost price the next day, you should exit in a timely manner. 7. If there are three in the rise list, there must be five; if there are five, there must be seven. For coins that have risen for two consecutive days, buy on dips; the fifth day is usually a good selling point. 8. Volume and price indicators are crucial; trading volume is the soul of the crypto world. When the price breaks out at a low point in consolidation, it needs attention; when there is a high-volume stagnation at a high point, exit decisively. 9. Only choose coins that are in an upward trend for trading; this maximizes your chances and does not waste time. When the 3-day moving average turns upwards, it indicates short-term gains; when the 30-day moving average turns upwards, it indicates medium-term gains; when the 80-day moving average turns upwards, it indicates a major bullish trend; when the 120-day moving average turns upwards, it indicates long-term gains. 10. In the crypto world, having small funds does not mean there are no opportunities. As long as you master the correct methods, maintain a rational mindset, strictly execute strategies, and patiently wait for opportunities, you can also achieve a wealth reversal in this land full of opportunities. Remember, while the crypto world is good, the risks are also high; only by continuously learning, summarizing experiences, and constantly improving oneself can you go further!