🚫 STRUGGLED IN CRYPTO, BUT NOW PROFITING 💰

Despite initial losses, I turned the tide and now enjoy substantial gains in crypto. Here are 8 essential rules that paved my path to success:

💼 1. DIVIDE & CONQUER: Split funds into fifths and invest one portion at a time, enforcing a 10-point stop loss to limit risk to 2% per trade. Set a stop profit exceeding 10 points to evade entrapment.

💰 2. FOLLOW THE TREND: Boost winning odds by riding trends. Wait for downturns in upward trends rather than buying on rebounds in a downtrend.

📉 3. AVOID SHORT-TERM HYPE: Dodge coins experiencing short-term surges as they often fail to sustain multiple waves of growth.

🔄 4. MACD INDICATORS: Time entries and exits using MACD signals, with a golden cross below the 0 axis signaling entry and a dead cross above suggesting position reduction.

💔 5. AVOID AVERAGING DOWN: Resist doubling down on losing positions; instead, increase positions only when profitable.

📈 6. WATCH THE VOLUME: Monitor volume and price indicators, noting breakthroughs at low consolidation levels and exiting during high-level stagnation.

⬆ 7. RIDE THE UPTREND: Stick to currencies in upward trends and use moving averages to gauge market direction.

📝 8. WEEKLY REVIEW: Consistently reassess holdings and adjust strategy based on logic, technical trends, and market direction.#bitcoin #Memecoins #BullorBear #bitcoinhalving #BinanceLaunchpool