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After ten years of Cryptocurrency Trading, starting with a principal of 100,000 and angrily earning 5 million, then suffering a huge loss of 5 million to now angrily earning 12 million, looking at the current crypto world, Old Nine cannot bear to see others lose money. Today, Old Nine has decided to publicly share the experiences summarized over the years, how Old Nine has survived in this market, and how to remain invincible, at least allowing you to avoid years of detours. What you learn can directly help you turn defeat into victory! 👇
💎 Don't chase the rise: Never buy when the coin price is skyrocketing; instead, go against the trend. When the market is in panic and others are fearful, boldly buy when the coin price is falling. Buy when no one is paying attention, and take advantage when others are cutting losses. Implement the trading strategy of "be fearful when others are greedy, and be greedy when others are fearful!"
💎Do not go all in: Going all in makes us extremely passive during market fluctuations. If we develop the habit of going all in, we will miss many opportunities. There are many opportunities in the crypto world, but our capital is limited. In the crypto world, it is not about the opportunities, but about the capital and patience!
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Be brave to enter the market when it is down, and naturally, you will reap the rewards when the market improves!
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The current landscape of the crypto world will only lead to a complete loss for oneself!
Still the same saying, focus on short-term trading before Bitcoin breaks through 98k!
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Share six short-term Cryptocurrency Trading secrets:
1 💎 Grasp the direction after consolidation: After the coin price consolidates at a high level, it is likely to reach new highs again; after consolidating at a low level, it often reaches new lows again. Therefore, wait for the consolidation to end and the direction of the trend to become clear before taking action!
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2 💎Don't trade during sideways market: Many brothers incur losses due to frequent trading during the sideways phase. It's best to stay put when the coin price is moving sideways!
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3 💎 Based on real-time K-line bullish and bearish trading: Buy when the daily line closes as a bullish candle, as there is a big chance to have consecutive bullish days, and sell when the daily line closes as a bearish candle; otherwise, it is very easy to get deeply trapped!
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4 💎 Pay attention to the rhythm of decline and rebound: When the coin price declines slowly, we call it a gradual decline, and rebounds are generally difficult. When the coin price declines rapidly, once it stabilizes, the rebound force will be relatively strong!
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5 💎Dollar-Cost Averaging: Why should we build positions in batches? Here I want to emphasize one point, Old Nine is not a deity, and neither are you. Old Nine cannot guarantee that we can always catch the lowest price, so by entering the market in batches, we can significantly lower our costs!
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6 💎The best method for selling: When the coin price continues to rise and explodes, do not rush to sell everything. Instead, wait until the coin price enters a sideways trend within a certain range. This is when you need to choose your direction again: continue to explode or directly crash the market. At this time, set a take-profit point and exit when it drops 5 points, and so on. This way, you won't miss out on more big profits later!
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