The most foolish and stable method of trading cryptocurrencies that allows you to keep earning
There is a very foolish method for trading cryptocurrencies, but this method can almost consume all profits, slowly learning. First of all, when trading cryptocurrencies, we should never do three things.
The first thing is to never buy in when prices are rising; instead, be greedy when others are fearful and fearful when others are greedy. You should buy when prices are falling and make this a habit. The second is to never place large orders. The third is to never go all-in; being all-in makes you very passive, and the market is never short of opportunities. The opportunity cost of being all-in will be very high. Additionally, let’s discuss the six mantras for short-term trading. The first is that after a price consolidation at a high level, there will usually be a new high. And after a consolidation at a low level, there will usually be a new low, so we should wait until the direction of the price change is clear before making a move. The second is to not trade during sideways movements; most people lose money in cryptocurrency trading because they can't manage this simplest point. The third is when selecting candlesticks, we should buy when a bearish candle closes on the daily chart. Conversely, we should sell when a bullish candle closes. The fourth is that the decline slows down, the rebound is also slow, and the decline accelerates the rebound. The fifth is to build positions using the pyramid buying method, which is the only constant in value investing. The sixth is that when a cryptocurrency continues to rise or fall, it will inevitably enter a sideways state. At this time, we do not need to sell everything at a high position, nor is it necessary to buy everything at a low position. Because after consolidation, there will inevitably be a price change. If the price changes downward from a high level, we need to clear our positions in a timely manner.
How can small funds reverse their fortunes? One day surpasses ten years in the world~
In this crypto world full of miracles and challenges, every day could be a turning point in life. Do you also dream of leveraging small amounts of funds to unlock great wealth, experiencing the legendary 'One day in crypto is like ten years in the world'? Today, we will reveal the secrets that allow small funds to sail through the crypto sea, helping you achieve the dream of financial freedom! I. Why step into the crypto world? Don't forget your original intention! First, ask yourself, why are you here? Is it to chase that enticing hundredfold coin, or to hope to add a layer of security to your life through wisdom and effort? Clarifying your goals will help you stay clear-headed and not lose direction in the turbulent crypto world.
20,000 USDT Challenge 600,000 USDT, currently 320,644 USDT
This Dan has harvested 10,648 USDT;
After the US stock market opens, although there was a spike to lure shorts, I still insisted on seeing the rise and successfully took 1,000 points into my pocket;
As long as the will is firm, success will be in front of you!
Nine Major Tips for Cryptocurrency Trading: Mastering Them Means Profit!
However, high returns often come with risks. I have compiled some investment tips based on my experiences in the cryptocurrency space to share with everyone.
First, Decisiveness An excellent investor needs the trait of decisiveness. Once you see the opportunity, follow your instincts and don't fear losses. Reasonable losses can help mitigate risks; avoid being indecisive. Second, Entry Points When placing orders, there are two market modes in cryptocurrency: bullish and bearish, which can be categorized into low long, low short, high long, and high short. If the market has a clear trend, all these strategies are viable. However, in a volatile market, avoid low short and high long; do not chase after rising prices or panic-sell. Third, Position Size Allocate funds according to your psychological tolerance. If your position is too large or fully invested, any change in trend can lead to larger losses and affect your mental state, making it difficult to operate and analyze calmly, which can lead to mistakes. Fourth, Take Profit In a one-sided trend, trailing stop methods can increase profit margins. In a volatile market, take profit requires personal judgment on exit points. In such markets, even small profits from each trade can accumulate over time. Fifth, Stop Loss Before investing, you must determine your stop-loss price. After placing an order, set the stop-loss price immediately. If the market does not move as you anticipated, you can quickly reduce losses and preserve your capital. Sixth, Frequency Cryptocurrency is traded 24 hours a day, so you may miss some market movements. You need to master your trading frequency; excessive trading can lead to technical analysis errors. Seventh, Mindset Mindset is the most important aspect of this industry. The amount of profit can affect your mindset, but we should focus on whether we are making a profit or a loss, not on how much profit. It’s better to earn less than to lose control of your mindset and incur losses. Eighth, Adding Positions In a one-sided trend, we can add to our positions in the direction of the trend, but we must not add against the trend. Adding positions against the trend carries a high risk of increasing losses. We must also avoid casually changing or withdrawing stop-loss orders in a counter-trend position. Ninth, Trend Following When the market exhibits a one-sided trend, we should not think about adjusting our positions at will. All indicators may show extreme values, but indicators can diverge, and we should not go against the trend.
Twenty Thousand U Challenge Sixty Thousand U, currently has 310898 U
This Dan has harvested 13574 U;
After persistent efforts, we finally broke through 300,000, halfway through the challenge, continue to work hard, strive to complete the challenge task in the shortest time!
On Friday, we returned to a downward trend, continuously making 🈳 continuous profits, woke up in the morning, and again a steady gain of 1300 points;
If you have been stuck in losses and are unsure of the direction, why not come and communicate with the master together!
Twenty thousand U challenge, six hundred thousand U, currently there are 280222 U
This Dan has harvested 10121 U;
The European Central Bank's interest rate decision and the number of initial unemployment claims in the United States are announced. Although there have been consecutive spikes, it cannot stop the strong counterattack of the bull market;
Stick to the idea, take profit at 1000 points;
If you are unsure of the direction and don't have enough patience to persist, why not have a chat with the master!
Essential secrets for beginners in crypto trading; you won’t regret reading this!
💡Today, let's talk about some super useful tips in the crypto world!
📉1. If a particularly strong coin drops sharply from a high price for nine consecutive days, you need to pay attention; it might be a good time to buy at the bottom. 💪
📈2. No matter what coin it is, if it rises for two consecutive days, don’t be greedy; quickly reduce your position and take some profits into your hands first. 💰
💥3. If a coin suddenly rises more than 7%, there is generally a chance to rise further the next day, so don’t rush to act; continue to observe. 👀
🐮4. Those super strong coins, you must wait until the correction is over before entering; otherwise, you may buy at a high point. 😣
Congratulations to the die-hard fans for keeping up with the rhythm, 4571u securely bagged; As long as you believe in the master, earning u is that simple!
Newbies want to bravely venture into the crypto world and understanding these 6 points will definitely prevent you from suffering losses!!
Newbies want to bravely venture into the crypto world, but understanding these 6 points is essential! 1. Position Management If you still haven't realized the importance of position management, it means you haven't left the beginner stage. You are still in a pure novice phase! It can be said that position management determines how long you can survive in the crypto world. Cherish your resources; the crypto world is not short on opportunities, but don't let the opportunity come and you have no resources to act. (Do not fully invest, wait for the right moment) 2. Timely Stop Loss Always set a stop loss when opening a position, and you must understand the spirit of accepting defeat. Especially in contract trading, if you don't know how to set a stop loss, you are just giving money away to the market manipulators. Never hold on to a position with a lucky mindset; even if you manage to recover nine times out of ten, you might feel proud, but just one time can wipe you out.