#BinanceBlockchainWeek
I have been trading cryptocurrencies for 7 years, investing £50,000, and supporting my family through trading. I have summarized my hard-earned experience:
1: Pyramid Bottom-Fishing Method: Suitable for predicting major crashes.
Bottom-fishing method: Place orders to buy one-tenth of your position at 80% of the coin price, one-fifth at 70%, one-third at 60%, and one-fourth at 50%.
2: Moving Average Method: Understand the basics of candlestick charts.
Set indicator parameters MA5, MA10, MA20, MA30, MA60, and select the daily chart. If the current price is above MA5 and MA10, hold steady. If MA5 falls below MA10, sell the coin; if MA5 rises above MA10, buy to build your position.
3: Aggressive Coin Hoarding Method: Trade coins you are familiar with; suitable only for high-quality long-term coins with some liquid capital. If a coin is currently priced at $8, place an order to buy at $7. Once the buy order is executed successfully, place an order to sell at $8.80. Profit comes from hoarding coins. Withdraw liquid capital and wait for the next opportunity. Adjust dynamically based on the current price. If there are three such opportunities in a month, you can accumulate quite a few coins. The formula is: buy price equals current price multiplied by 90%, sell price equals current price multiplied by 110%!
4: Small Coin Aggressive Play: If you have £10,000, split it into ten parts, buying ten different types of small coins, preferably priced under £3. After purchasing, do not pay attention to them. Don’t sell until they have tripled to five times their value; if stuck, hold onto them for the long term. If a coin triples, withdraw your initial investment of £1,000 and invest in the next small coin. This can lead to dramatic compound returns.
Recently, I am planning to invest in a potential coin that is about to explode, doubling is quite simple, and I am also looking for some potential coins to hold until the end of the year, expecting returns of over ten times are not a problem. If you want to keep up, follow me for free sharing.