$BTC
Many people frequently end up buying junk coins because the very first step in their coin-selection logic is wrong. After eight years in the crypto space, I’ve summarized a coin-picking mindset that works in both bull and bear markets, and is suitable for both spot and futures trading. First, value volume over price. Candlestick prices can be faked, but trading volume is real money. A rally without volume is usually a trap to lure in buyers; sustained volume at low levels is the real sign of a bottom. Never follow a no-volume pump, and never blindly buy into coins that are dropping with rising volume. Second, only trade highly liquid, active coins. Niche coins have weak trading volume, their rises and falls are easily manipulated, and entering them can easily leave you trapped. Only mainstream coins allow you to enter and exit at any time while avoiding risk. Third, use the larger timeframe to set the direction and the smaller timeframe to set the entry. The weekly chart shows the overall long-term trend, while the 4-hour chart helps pinpoint the entry position. Act only when multiple timeframes align. The core of coin selection: prioritize volume and momentum. That is far more reliable than blindly following signals, and fully understanding this logic can help you avoid most trading traps.
#BitcoinEthereumHitMultiMonthHighs
Many people frequently end up buying junk coins because the very first step in their coin-selection logic is wrong. After eight years in the crypto space, I’ve summarized a coin-picking mindset that works in both bull and bear markets, and is suitable for both spot and futures trading. First, value volume over price. Candlestick prices can be faked, but trading volume is real money. A rally without volume is usually a trap to lure in buyers; sustained volume at low levels is the real sign of a bottom. Never follow a no-volume pump, and never blindly buy into coins that are dropping with rising volume. Second, only trade highly liquid, active coins. Niche coins have weak trading volume, their rises and falls are easily manipulated, and entering them can easily leave you trapped. Only mainstream coins allow you to enter and exit at any time while avoiding risk. Third, use the larger timeframe to set the direction and the smaller timeframe to set the entry. The weekly chart shows the overall long-term trend, while the 4-hour chart helps pinpoint the entry position. Act only when multiple timeframes align. The core of coin selection: prioritize volume and momentum. That is far more reliable than blindly following signals, and fully understanding this logic can help you avoid most trading traps.
#BitcoinEthereumHitMultiMonthHighs