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Learn this the dumbest method of trading cryptocurrencies, gradually getting richer, it's really not hard
After staying in the crypto world for a long time, I discovered a truth: the people who make money are not the smartest, but the most disciplined
#币圈生存法则
These 8 rules, each one is exchanged with real money. Today I share all of them with my brothers
First, when a strong coin drops for 9 consecutive days, don’t panic, that’s an opportunity
Truly strong coins, the main players won’t let them keep falling. After a 9-day correction, most of the moves are done, and entering now often allows you to pick up cheap chips $FTT
Second, after two days of continuous rise, take half profits first
Don’t always think about eating the last bite. Two days of continuous rally indicate short-term sentiment is in place, lock in some profits first, let the rest run on its own. Attack when you can, defend when you must
Third, if a single-day surge exceeds 7%, watch for the next day’s high
A rise of over 7% in one day indicates funds are entering. The next day is likely to continue rising inertia, don’t rush to chase, first check if the volume can keep up
Fourth, re-enter after a big bull coin ends
The most vigorous rise is often when the risk is greatest. Wait for it to correct and stabilize before entering, even if you miss the top, at least you can get some of the gains
Fifth, if there’s calm fluctuation for three days, observe for three more days
Sideways movement isn’t bad, but if it lasts too long, be cautious. No movement in three days, give it three more days, if still no change, decisively switch positions, don’t waste time on dead coins
Sixth, if you don’t recover your cost on the second day, exit
After entering, if on the second day you can’t even recover your cost, the direction might be wrong. Don’t wait, get out first. Small losses save your big life $MOVE
Seventh, if it rises for three days, there will be five days of gains; if it rises for five days, there will be seven days
This is a rule in the crypto world, and also human nature. Coins that rise continuously won’t stop easily. You can buy in on the third day, the fifth day is often the best selling point, don’t be greedy by the seventh day
Eighth, volume and price are the soul, don’t take a price movement without volume seriously
A volume breakout at a low point is a sign of initiation, follow it. High-volume stagnation at a high point is a sign of distribution, run quickly. Trading volume doesn’t lie, it’s the most truthful language of funds
The crypto world isn’t short of opportunities, what’s lacking is people who can control their hands
If you can remember half of these 10 rules, you probably won’t suffer too much loss. Remembering them all, slowly getting richer is not a dream. Follow Brother Fang, contact me for private signals, avoid detours.