Brothers, if you truly want to thrive in the cryptocurrency world for a lifetime, or even rely on trading to support your family in the future, please keep the following ten points in mind! I won't be flashy; these are all practical experiences I've gained over many years of hard work.
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Ten Honest Truths About Trading Cryptocurrency$
1⃣
Don't be afraid of pullbacks in strong coins
As long as the leading coins fall for 8 or 9 consecutive days, that often means it's a good opportunity for you to get in, don’t be scared off.
2⃣
Stop after two days of gains
If any coin rises for two consecutive days, you should reduce your holdings and take profits; don’t fantasize about free money falling from the sky.
3⃣
Don't rush to run after a rise of over 7%
If there is a big increase on the same day, there is often a chance for further gains the next day, wait and see first.
4⃣
Wait for a pullback on strong coins
Don’t chase it blindly; the end of a pullback is the real golden opportunity.
5⃣
Stagnation leads to change
If a coin hasn’t moved for three consecutive days? Give it three more days to observe, and if still no movement, switching coins will be a relief.
6⃣
Withdraw if you can’t recover yesterday's money
If the next day you haven’t even returned to yesterday’s cost, leave immediately; dragging it along will only lead to deeper losses.
7⃣
Patterns in the gain rankings
If there’s a 3 on the list, it’s often followed by a 5; if there’s a 5, it often pushes to a 7. This is the market's sense of rhythm.
8⃣
Volume and price are the soul
Breakthroughs at low levels with increased volume should be noted; if there’s high volume at high levels but price can’t break through, that’s a signal to exit, run faster than anyone else!
9⃣
Trends are the king
Only trade coins that are trending upwards to avoid wasting time. Simply look at:
3-day line turning up = short-term opportunity
30-day line trending up = medium-term profit
80-day line strengthening = main upward wave
120-day line turning up = long-term bull market initiation
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Small funds can also turn around
Don’t always think that having a small principal means no opportunities; I've seen countless people turn thousands into millions. The key is: the right method, stable mindset, and strong execution. Opportunities will always wait for you
