A fellow crypto trader said he lost 200,000 in this ETH and BTC crash. Honestly, no one saw this market plunge coming—not even the trapped traders or those who got liquidated and stopped out. The U.S. government: 12,267.02 BTC, worth about $1.006 billion, was transferred from an address linked to funds seized from the Bitfinex hacker and sent to an exchange to be sold off. A sudden black-swan event can happen at any time in this market. If you’re heavily invested, make sure you set stop-losses; if your position is small, manage it carefully. That’s the most important thing—the key!
I’ve been trading crypto for over 10 years. I started with 50,000 and now have a little financial freedom. I’ve relied on a steady, disciplined approach with half my funds invested, and I’ve been able to keep my monthly returns consistent. I’m sharing these valuable tips with you, so save them! Six times not to buy, four times not to sell:
Six times not to buy:
1. Don’t touch a coin that keeps falling and hasn’t stabilized above its 60-day moving average. Follow the trend: if a coin keeps dropping, wait and see. We can talk again when it turns around.
2. Don’t buy a coin that gets good news after it has already risen. Good news often signals it’s time to sell. If good news comes after a coin has already climbed, the big players may be preparing to cash out.
3. Don’t chase a coin that has surged too fast and moved far above its 5-day moving average. Coins that rise too quickly carry more risk, and chasing them can leave you stuck at the top.
4. Don’t take a chance on a coin that suddenly gaps up at a high price. A gap up at a high level can be risky; the big players may be quietly selling off.
5. Avoid coins with a turnover rate above 30%. Such high turnover means buyers and sellers are fiercely battling it out, so stay clear of the volatile market for now.
6. Don’t be fooled by a coin that keeps holding up when the broader market is weak. If the market is struggling but a coin is being pushed higher anyway, it’s probably a “smoke screen.”
Four times not to sell:
1. Hold on to coins with an RSI between 50 and 80. An RSI in the upper-middle range suggests the coin still has momentum, so holding on could bring further gains.
2. Don’t rush to sell a coin that has bounced up from a low. A gap-up move shows strong bullish momentum; wait and see whether it can continue rising.
3. Hold tight to coins in an upward trend. Follow the trend: the longer you hold a coin in an uptrend, the more you may earn.
4. Don’t rush to sell a coin whose holdings are concentrated in one area. The big players may still be planning to push the price higher, so you can wait for a higher level before selling.
Understanding the trend is far more reliable than making blind guesses! I’m Yuge, specializing in short- and medium-term futures trading and medium- to long-term spot positions. I share investment tips regularly. @渔歌趋势
I’ve been trading crypto for over 10 years. I started with 50,000 and now have a little financial freedom. I’ve relied on a steady, disciplined approach with half my funds invested, and I’ve been able to keep my monthly returns consistent. I’m sharing these valuable tips with you, so save them! Six times not to buy, four times not to sell:
Six times not to buy:
1. Don’t touch a coin that keeps falling and hasn’t stabilized above its 60-day moving average. Follow the trend: if a coin keeps dropping, wait and see. We can talk again when it turns around.
2. Don’t buy a coin that gets good news after it has already risen. Good news often signals it’s time to sell. If good news comes after a coin has already climbed, the big players may be preparing to cash out.
3. Don’t chase a coin that has surged too fast and moved far above its 5-day moving average. Coins that rise too quickly carry more risk, and chasing them can leave you stuck at the top.
4. Don’t take a chance on a coin that suddenly gaps up at a high price. A gap up at a high level can be risky; the big players may be quietly selling off.
5. Avoid coins with a turnover rate above 30%. Such high turnover means buyers and sellers are fiercely battling it out, so stay clear of the volatile market for now.
6. Don’t be fooled by a coin that keeps holding up when the broader market is weak. If the market is struggling but a coin is being pushed higher anyway, it’s probably a “smoke screen.”
Four times not to sell:
1. Hold on to coins with an RSI between 50 and 80. An RSI in the upper-middle range suggests the coin still has momentum, so holding on could bring further gains.
2. Don’t rush to sell a coin that has bounced up from a low. A gap-up move shows strong bullish momentum; wait and see whether it can continue rising.
3. Hold tight to coins in an upward trend. Follow the trend: the longer you hold a coin in an uptrend, the more you may earn.
4. Don’t rush to sell a coin whose holdings are concentrated in one area. The big players may still be planning to push the price higher, so you can wait for a higher level before selling.
Understanding the trend is far more reliable than making blind guesses! I’m Yuge, specializing in short- and medium-term futures trading and medium- to long-term spot positions. I share investment tips regularly. @渔歌趋势