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Trading cryptocurrencies for ten years, these 10 rules have saved me countless times
I am Brother Sen.
If you want to make a living from trading cryptocurrencies, don’t expect to get rich overnight. These 10 rules are what I’ve learned through money; if you can’t remember them, save this.
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1. When a strong coin falls for 9 days in a row, don’t be afraid, buy when it’s ready
It’s not about catching flying knives, but waiting for it to be fully beaten down before acting.
2. When it rises for two days in a row, take half off first
Don’t be greedy for the last bit; locking in profits is what counts.
3. A single-day increase of over 7%, there’s a high chance of more highs the next day
But don’t chase; wait for a pullback to decide.
4. Don’t chase high on major bull coins, wait for the pullback to get in
The main upward wave doesn’t finish in a day, what’s the rush?
5. No rise or fall for three days, then wait another three days
Still no movement? Switch to the next one, don’t waste time.
6. If you can’t recover yesterday’s cost the next day, just leave
It means your entry point is wrong, don’t hold on.
7. Coins on the gainers list, there are always three or five, and five or seven
This is a market sentiment rule, believe it or not.
8. Coins that rise for two days, buy the dip during the pullback; the fifth day is usually a selling point
Don’t wait until the seventh day, it’s easy to get caught standing guard.
9. Volume and price are the soul
Breakouts with volume at low levels, watch closely; if volume surges at high levels but no movement, run quickly.
10. Only trade coins in an upward trend
Use the 3-day moving average for short-term trades, the 30-day for mid-term, the 80-day for main upward trend, and the 120-day for long-term.
If the trend is wrong, even great technicals are useless.
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Final sentence: Small funds can also turn around, provided the method is right, the mindset is steady, execution is fierce, and you can wait.
I am Brother Sen, save this article and review it when you’re losing money. $ETH #以太坊基金会已出售3750枚ETH