Six rules for surviving in the cryptocurrency world. As long as you follow my operations, if you can't make money, come find me:
1. Trend First
Without a trend, there is no profit-making effect. Large funds only trade with trends; if there is no trend, they stay in cash or play with small funds.
2. Choose the Right Coin
Choosing the right coin is a key factor in determining your success. Strong coins will trend upwards with a one-sided oscillation, characterized by: significant gains and minimal pullbacks.
3. Learn to Wait in Cash
Never chase highs; it’s better to stay in cash and wait for a bottom or a short-term bottom to enter. Buy strong coins with good technical patterns after extensive research, and avoid weak coins.
4. Be Able to Hold
After buying, if there is no top formation, do not sell. Hold on tightly until a topping signal appears.
5. Don’t Eat the Tail
Sell when prices reach relatively high levels; avoid the tail. The later it gets, the greater the risks.
6. Understand Cashing Out
You need to know how to sell part of your profits for cash. Have enough cash flow to support your living expenses.
Recently, I plan to set up an ambush for a potential coin that's about to explode; doubling is quite simple. I'm also preparing to find some potential coins to hold until the end of the year, with an expected upside of 10 times or more. If you want to follow along, check out my bamboo leaves, leave a message, follow, and like, gold skirt.