There is a very foolish method with an almost 100% profit rate! I made 2 million using this wonderful method for trading coins! $ACE
1. When the market crashes, if your coin only slightly drops, it indicates that there are market makers protecting the price, preventing it from falling. Such coins can be held with peace of mind, and future gains are certain.
2. For beginners trading coins, there is a simple and direct method: for short-term trades, look at the 5-day moving average; as long as the coin price is above the 5-day line, hold it. Once it drops below, sell it; for medium-term trades, look at the 20-day moving average, and hold if the price is above the 20-day line, sell if it drops below. The method that suits you best is the one you should stick to, and the key is to persist in execution.
3. If the main upward wave of the coin price has formed, and there is no significant volume increase, then buy decisively. Continue to hold during volume increases, and hold even when there is a volume decrease as long as the trend hasn’t broken; if there is a volume decrease and it breaks the trend, then reduce your position quickly. $CYS
4. After a short-term buy, if the coin price hasn't moved in three days, sell if you can. If the price drops after buying, stop loss unconditionally at a 5% loss.
5. If a coin has dropped 50% from its peak and has fallen for 8 consecutive days, it indicates that it has entered an oversold state, and a rebound may occur at any time; consider following up.
6. When trading coins, choose leading coins because they rise the most fiercely when they are up and resist falling the most when they are down. Don’t buy just because the price has dropped significantly, and don’t avoid buying just because it has risen a lot. When trading leading coins, it’s crucial to buy at high points and sell at even higher points. $ICNT
7. Trade in accordance with the trend; the buying position is not necessarily better the lower it is, but rather the more appropriate it is. During a downturn, do not easily call a bottom, and abandon those coins that are performing poorly. The trend is the most important.
8. Don’t get overly excited by temporary profits; know that sustained profit is the hardest to achieve. Review your trades seriously to see if your profits are due to luck or skill. Establishing a stable trading system that suits you is key to sustained profits.
9. Don’t force trades without sufficient confidence. Being in cash is also a strategy, and learning to be in cash is very important. The first consideration in trading should be capital preservation, not profit. The competition in trading is not about frequency but about success rate.
You don’t lack opportunities; what you lack is the courage to take that step.
Don’t hesitate any longer, catch the rhythm of turning things around, and follow Uncle Nan to start.
