There is a seemingly foolish but powerful method for trading cryptocurrency that can help you lock in most profits!

When trading cryptocurrency, there are three things you must remember never to do:

1. Never follow the trend and buy in when the price is rising; you must learn to think in reverse. Be brave when others are afraid and be cautious when others are excited. Get in the habit of looking for opportunities to buy when the price falls.

2. Never put all your funds on a single trade; that's too risky.

3. Never operate with a full position; being fully invested will leave you unable to act. There are plenty of market opportunities, and being fully invested means giving up other potential good opportunities, which is too costly.

Now let's talk about a few tips for short-term cryptocurrency trading:

When the price rises to a high point, it might push higher; when the price falls to a low point, it might test the bottom again. So you should wait for the situation to become clear before taking action; don’t rush to conclusions.

When the price is stagnant, never trade easily. Many people lose money in cryptocurrency trading simply because they can't stand the boredom. When watching the candlestick chart, if the daily line closes in the red, it might be a good time to buy; if it closes in the green, then you should consider selling.

If the price is falling slowly, the rebound will also be slow; if the price is falling quickly, the rebound will come quickly. Building a position should be done layer by layer like building a pyramid, which is a fundamental rule of value investing.

If a cryptocurrency keeps rising or falling, it will eventually enter a consolidation period. At this time, don’t rush to buy or sell your entire position because the direction may change after the consolidation. If the direction is down, you need to withdraw quickly; if the direction is up, you need to follow in quickly.

For the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, with an expected return of more than 10 times being quite feasible. Like + comment, and I will help you layout for the entire bull market!

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