If your account is below 1 million and you want to profit in the short term, there is indeed an everlasting trading strategy in cryptocurrencies, which is also a repeatedly effective 'fool's technique' that retail investors can easily adopt after just a glance, it's pure practical knowledge!
Everyone need not worry about whether you can learn it; I can seize this opportunity, and so can you. I am not a god, just an ordinary person. The only difference between others and me is that others have overlooked this method. If you can learn this method and pay attention to it during the subsequent trading process, it can help you earn at least 3 to 10 percentage points more every day.
1. Invest in batches: Assume you have 10,000 yuan, divided into five parts, and use only 2,000 yuan for each trade.
2. Test the water: First use 2,000 yuan to buy a cryptocurrency to test the waters.
3. Buy more after a drop: If the cryptocurrency price drops by 10%, use another 2,000 yuan to buy more.
4. Take profit on a rise: If the cryptocurrency price rises by 10%, sell part of it in time to lock in profits.
5. Repeat the cycle: Keep buying and selling until you run out of funds or the cryptocurrency is sold out.
Strategy advantages: The benefit of this strategy is that even if the cryptocurrency price drops, you can calmly respond. By buying in batches, you avoid the risk of a one-time investment. Even if the cryptocurrency price drops by half, you are only gradually increasing your holdings. And each time you sell, you can lock in a 10% profit. For example, if you have 100,000 yuan and invest 20,000 yuan each time, you can earn 2,000 yuan each time.
Key techniques include:
1. Technical analysis: Using charts and indicators to identify trends;
2. Fundamental analysis: Paying attention to news and macroeconomic factors;
3. Risk management: Setting stop-loss orders and diversifying investments;
4. Trading strategy: Determining entry and exit points and using different strategies;
5. Psychological factors: Maintaining discipline and patience;
6. Practice and learning: Simulated trading and continuous learning;
7. Choosing a reliable trading platform.
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