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Cryptocurrency Trading for ten years, with a capital of 100k entering the market and making a profit of 5 million, then from a big loss of 5 million to now making a profit of 12 million, looking at the crypto world today, Lao Jiu does not like to see others lose, Lao Jiu today decided to share the experiences summarized over the years, how Lao Jiu has survived in this market, how Lao Jiu can remain undefeated, at least it can help you avoid some years of winding roads, what you learn can immediately turn your situation around! 👇
💎Don't buy when coin prices skyrocket: Always avoid buying when coin prices rise crazily, instead, do the opposite. When the market is panicking, people are scared, and coin prices drop, dare to buy. Buy when no one cares, buy when others are selling at a loss, apply the trading pattern "When others are fearful, I am greedy; when others are greedy, I am fearful!"
💎It should not be full: Being full will make us very passive in market fluctuations, if we are used to being full, the all-in habit will form, we will lose many opportunities. In the crypto world, there are many opportunities, but our capital is limited, in the crypto world it is not that there are no opportunities, but what is missing is capital and patience!
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Enter boldly when prices drop, after the market moves well, of course, you can make a profit!
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Now, the patterns of the crypto world will only cause oneself to lose very badly!
Stick to that statement, before Bitcoin breaks 98k, focus on short-term trading!
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Share six secrets of short-term cryptocurrency trading:
1 💎 Capturing direction after consolidation: Coin prices after consolidating at high levels are likely to reach new peaks; after consolidating at low levels, they often reach new lows, so wait until the consolidation ends and the direction of change is clear before making operations!
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2 💎Do not trade during sideways: Many brothers often trade during the sideways phase which leads to losses. When the coin price is sideways, it's better to stay calm!
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💎 3 According to real-time K-line yin and yang trading: buy when the daily line closes above the Yang line, there is a high possibility that you can connect to Yang, and the daily line closing below the yin line is for selling, otherwise, it is very easy to get trapped deeply!
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4 💎Pay attention to the rhythm of decline and recovery: when the coin price drops slowly, we call it a quiet decline, recovery is usually very difficult. When the coin price drops rapidly, after stabilizing, the recovery strength will be greater!
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5 💎Cryptocurrency Trading: Why we should build positions gradually, here I want to emphasize one thing, Lao Jiu is not a god, and neither are you, Lao Jiu also cannot guarantee that every time it can catch the lowest price, so by entering gradually we can significantly lower our costs!
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6 💎Best withdrawal methods: When the price of the coin continues to rise after a spike, at this time do not rush to withdraw all positions, it is better to wait until the price of the coin is in a sideways condition within a certain range, this is the time to choose the direction again, whether it will continue to spike or sell immediately, at this time set take profit to exit when the price drops 5 points from the position, and so on, in this way you will not miss out on a lot of big profits in the future!
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