Eight Years of Cryptocurrency Trading Secrets: Six Key Short-Term Strategies to Help You Make Profits Without Loss!
When prices surge, don't rush to buy; wait and see, as there might be a pullback. When prices drop sharply, don't rush to sell; stay calm and wait until the trend is clear before taking action.
When prices are stagnant, try to avoid excessive trading, as this is when mistakes are likely to happen.
Make decisions based on candlestick charts; a bearish candle might present a good buying opportunity, while a bullish candle signals it's time to consider selling. Follow the market trend, and you can't go wrong.
If the price drops sharply, a rebound usually has strength; if it drops slowly, the rebound will likely be weak.
When increasing your position, use a pyramid strategy, which means buying in batches—buy more as prices drop. This way, you lower your average cost, and when prices rise, your profits will be greater.
After significant price fluctuations, there will usually be a period of sideways movement. During this time, don't act impulsively; don't sell everything at a high point, and don't buy everything at a low point. Be patient and wait until you have clarity before taking action.
These are practical experiences I've summarized from my eight years in cryptocurrency trading, and I hope everyone can benefit from them.
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