There’s one most foolish way to trade crypto, but this method can almost wipe out all profits—slowly learn it. First, when trading crypto, you should never do three things forever.

The first thing is: never buy when prices are rising. Buy when others are fearful, be greedy when others are greedy—actually, it’s the opposite: be fearful when others are greedy, and you can buy when prices are falling, and make it a habit.

The second thing is: never place orders that lock up your position.

The third thing is: never go all-in. After going all-in you become extremely passive, and this market is never short of opportunities. The opportunity cost of being all-in is very high.

Also, let’s talk about six trading mantras for short-term crypto trading.

The first: after the coin price consolidates near the high, there usually comes another new high. And after consolidating near the low, there’s usually another new low. So wait until the direction of the breakout becomes clear before you make a move.

The second: don’t trade during sideways range. Most people lose money trading crypto because they can’t do this simplest point.

The third: when choosing the K-line, when there’s a close on a bearish candle, we buy on the daily line. When it closes on a bullish candle, we sell.

The fourth: as the downtrend slows, rebounds are also slow; when the downtrend accelerates, rebounds increase.

The fifth: build your position using a pyramid-style buying method—this is the only unchanging principle for value investing.

The sixth: when a coin keeps rising, after it keeps falling, it will inevitably enter a period of consolidation. In that case, there’s no need to sell the whole position at that high level, and there’s no need to buy the whole position at that low level. Because after consolidation there will definitely be a breakout. If it breaks from high to downside, you should clear out in time—anyway, it’s about pushing forward promptly.

Follow Gege Jia. No bragging, no empty promises—only share real-world experience that can help you survive in this circle. If you’re still losing repeatedly and restarting again and again, come talk to me—I’ll teach you to make trading simple.
#PreIPOs第二期OpenAI认购
#Gate现货增速全球第一
#特朗普呼吁尽快通过Clarity法案