Learn some important simplest method for trading cryptocurrencies!

in Tron Fan Clubyesterday

Learn this simplest method for trading cryptocurrencies, and you will gradually become wealthy. Firmly grasp the following some important rules:

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  • If a strong cryptocurrency falls continuously for 9 days from a high position, make sure to follow up in a timely manner.

  • If any cryptocurrency rises for two consecutive days, be sure to reduce your holdings in a timely manner.

  • If any cryptocurrency rises more than 7%, consider waiting for the next day for further opportunities after the initial surge.

  • Always wait until a major bull cryptocurrency has ended before entering the market.

  • If any cryptocurrency has three consecutive days of calm fluctuations, observe for another three days; if there is no change, consider switching holdings.

  • If any cryptocurrency fails to recover the previous day's cost price the next day, exit in a timely manner.

  • If there are three on the rise list, there must be five; if there are five, there must be seven. Cryptocurrencies that rise for two consecutive days should be bought on dips, and the fifth day is usually a good selling point.

  • Volume and price indicators are crucial; trading volume is considered the soul of the cryptocurrency market. When the price breaks out on increased volume at a low level, pay attention; when there is increased volume at a high level but stagnation, decisively exit.

  • Only choose cryptocurrencies that are in an upward trend for trading; this maximizes wins and avoids waste. A 3-day moving average turning upwards indicates a short-term rise; a 30-day moving average turning upwards indicates a medium-term rise; an 80-day moving average turning upwards indicates a main upward trend; a 120-day moving average turning upwards indicates a long-term rise.

  • In the cryptocurrency market, small funds do not mean there are no opportunities. As long as you master the correct methods, maintain a rational mindset, and strictly execute strategies while waiting for opportunities to arise.

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