There is a dumbest way to trade in cryptocurrencies, but this method can almost eat up all the profits. Learn slowly. First of all, we should never do three things when trading in cryptocurrencies.
The first thing is to never buy when the price is rising. Be greedy when others are fearful, be fearful when others are greedy, and be able to buy when the price is falling, and make this a habit.
The second is to never suppress orders.
The third is to never be fully invested. After being fully invested, you will be very passive, and the market is not short of opportunities. The opportunity cost of being fully invested will be very high.
In addition, let’s talk about the six tips for short-term stock trading.
The first is that after the currency price consolidates at a high level, there will usually be a new high. And after this low consolidation, it will usually set a new low, so we have to wait until the direction of the change is clear before we make operations.
The second is not to trade when the price is sideways. Most people lose money in trading cryptocurrencies because they can’t do this simplest point.
The third is to buy the daily line when choosing the K line and closing the Yin line. When the market closes positive, we sell
The fourth is that the decline slows down, the rebound also slows down, and the decline accelerates the rebound.
The fifth is to build a position according to the pyramid buying method, which is the only constant in value investment.
The sixth is when a currency continues to rise. After a continuous decline, it will inevitably enter a sideways state. At this time, we don’t have to sell all the stocks at this high level, nor do we need to buy all the stocks at a low level. Because after consolidation, there will inevitably be a change in the market. If it changes from a high level to a low level, it is necessary to clear the position in time, anyway, it is necessary to advance in time.
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A new day, a new beginning, the big pancake is rising and frequently breaking new highs, does it feel like your head is buzzing?
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Trading coins for 8 years, from a principal of 100,000 to 30 million, just using this trick, with a winning rate of up to 99%, suitable for everyone
Today, I will share a method that is actually very simple. Even if you are a newcomer in the cryptocurrency world, as long as you strictly follow this method, you can easily make money.
First, we need to set the moving averages on the K-line chart to three moving averages, namely the 5-day moving average, the 15-day moving average, and the 30-day moving average. The 30-day moving average is the lifeline, a strong support or resistance line. Then, you can buy and sell the cryptocurrencies based on these three moving averages.
1. The selected cryptocurrency must be in an upward trend; of course, those in a consolidation phase are also acceptable, but those in a downward trend or with moving averages opening downward must not be selected.
2. Divide the funds into three equal parts. When the cryptocurrency price breaks through the 5-day moving average, buy 30% with a light position. When the price breaks through the 15-day moving average, buy another 30%. Similarly, buy the last 30% when it breaks through the 30-day moving average. This requirement must be strictly executed.
3. If the cryptocurrency price does not continue to break above the 15-day moving average after breaking through the 5-day moving average but instead pulls back, as long as the pullback does not break the 5-day line, maintain the original position. If it breaks, sell.
4. Similarly, if the price breaks the 15-day moving average but does not continue to break upwards, hold as long as it does not break the 15-day moving average. If it breaks, sell 30% first. If it does not break the 5-day moving average, continue to hold the 30% position.
5. When the cryptocurrency price continues to break above the 30-day moving average and then pulls back, sell off according to the previous method all at once.
6. Selling is the opposite. When the cryptocurrency price is at a high position and breaks below the 5-day line, sell 30% first. If it does not continue to fall, hold the remaining 60% position. If the 5-day, 15-day, and 30-day moving averages are all broken, sell everything; do not hold onto false hopes.
This "foolproof" trading method is simple, but the most important thing is to have the willpower to execute it. Once you buy in, the trading system is established, and only by strictly following the trading discipline can you earn profits.
After 7 years of trading cryptocurrencies, I made over 30 million and now rely on it to support my family. This process has taught me six valuable experiences, though brief, they are concise!
1. When trading cryptocurrencies, focus on the strong ones. If unsure, look at the 60-day moving average; buy or add when above it, and pull back when below. This strategy works most of the time.
2. If a cryptocurrency suddenly rises over 50%, don’t rush to chase it; it’s easy to panic. It’s more stable to enter at a lower price, with less risk and potentially greater profit.
3. Before a big surge, there are usually signals, such as small price fluctuations of 10% to 20% but low trading volume. At this time, gradually buy at low levels, and you’re likely to catch the trend.
4. When a new market hotspot emerges, it will definitely be hot in the first few days. Seize this opportunity and follow the big funds to make easy profits.
5. When a bear market arrives, control your hands; don’t move for at least six months. In a bad market, reduce trading; knowing when to rest is the mark of a master.
6. Every week, take a step back to reflect, not to see if you made a profit, but to check if your strategy is correct. If it is, stick with it; if not, adjust. After a few months, your trading strategy will stabilize.
Remember, success doesn’t just fall from the sky; it’s for those who are prepared.
After harvesting the long positions, look for points to continue positioning and entering the market Brothers with empty positions, let's communicate and take off together in the public account
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Precise targeting, successfully securing multiple orders of 16708u!
There is a dumbest method of cryptocurrency trading, which is almost 100% profitable. From then on, I began to seriously study cryptocurrency trading There is an uncle around me who used to drive a taxi. Then he came into contact with the cryptocurrency circle. From then on, he began to seriously study cryptocurrency trading. He achieved a life counterattack by trading in cryptocurrencies, and now his assets have reached 8 figures. His method is actually very simple. There are only 4 steps back and forth, from currency selection, buying, position management to selling, every detail will be explained to you clearly! The first step is to open the daily line, only look at the daily level, and the currency of the MACD golden cross, it is best to choose the golden cross above the 0 axis, this effect is the best! The second step is to switch to the daily level. Here you only need to look at one moving average, called the daily average line, hold it online, and sell it offline. The third step is to buy after the currency price breaks through the daily average line, and the volume can also be above the daily average line. You must buy it in full. The fourth selling is divided into three details. The first is the increase of the band. When it exceeds 40%, sell 1/3 of the overall position. The second is the overall band increase. When it exceeds 80%, sell 1/3. When it falls below the daily average line, clear all positions. The fourth step is also the most important step. Since we all use the daily average line as our basis for buying, if there are some unexpected situations on the second day and it falls directly below, then you must sell all of it, don't be lucky! Although through our method of selecting coins! The probability of it falling below is very small! But we still have to be aware of risks! After selling, wait for it to stand on the daily average line again, and then take it back!