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I used the dumbest method for trading cryptocurrencies, and my success rate is nearly 100%! (A must-read for all cryptocurrency traders)
First, focus on strong coins. When trading cryptocurrencies, we should keep our eyes on those coins that are performing well. If you're uncertain, look at the 60-day moving average; if the line is above, we enter the market or buy more; if the line is below, we withdraw quickly. This strategy works quite effectively most of the time. $ETH
Second, never chase the highs. If a coin suddenly rises by more than 50%, do not rush to follow in; it can easily lead to panic. Instead, buying at a low price is safer, poses less risk, and offers a greater chance of making a profit in the future. $BTC
Third, learn to recognize bullish signals. Before a significant rise, prices often fluctuate within a small range, roughly around 10% to 20%, and the trading volume is not high. At this point, you can try to slowly buy in at a low price; you might just catch the fast train of the bullish trend. #币圈
Fourth, keep up with new hotspots. Once a new hotspot emerges in the market, it will definitely be particularly hot in the first few days. At this time, following the big money typically allows you to make some easy profits. #币圈暴富
Fifth, stay calm when a bear market arrives. If a bear market comes, you need to stabilize yourself; it's best not to take action for at least half a year. When the market is bad, minimize your operations and take more breaks; this is the mark of a skilled trader. #比特币
Sixth, regularly review and adjust your strategy. Every week, you should look back at how you operated and not just focus on how much money you made; it’s important to assess whether your strategy is correct. If it’s right, stick to it; if not, adjust it. After a few months, your trading strategy will definitely become more reliable. #特朗普暂停新关税
If you are also a tech enthusiast and are delving into the technical operations in the crypto world, you might want to follow the account 'Crypto Whale' for the latest cryptocurrency intelligence and trading skills.
First, focus on strong coins. When trading cryptocurrencies, we should keep our eyes on those coins that are performing well. If you're uncertain, look at the 60-day moving average; if the line is above, we enter the market or buy more; if the line is below, we withdraw quickly. This strategy works quite effectively most of the time. $ETH
Second, never chase the highs. If a coin suddenly rises by more than 50%, do not rush to follow in; it can easily lead to panic. Instead, buying at a low price is safer, poses less risk, and offers a greater chance of making a profit in the future. $BTC
Third, learn to recognize bullish signals. Before a significant rise, prices often fluctuate within a small range, roughly around 10% to 20%, and the trading volume is not high. At this point, you can try to slowly buy in at a low price; you might just catch the fast train of the bullish trend. #币圈
Fourth, keep up with new hotspots. Once a new hotspot emerges in the market, it will definitely be particularly hot in the first few days. At this time, following the big money typically allows you to make some easy profits. #币圈暴富
Fifth, stay calm when a bear market arrives. If a bear market comes, you need to stabilize yourself; it's best not to take action for at least half a year. When the market is bad, minimize your operations and take more breaks; this is the mark of a skilled trader. #比特币
Sixth, regularly review and adjust your strategy. Every week, you should look back at how you operated and not just focus on how much money you made; it’s important to assess whether your strategy is correct. If it’s right, stick to it; if not, adjust it. After a few months, your trading strategy will definitely become more reliable. #特朗普暂停新关税
If you are also a tech enthusiast and are delving into the technical operations in the crypto world, you might want to follow the account 'Crypto Whale' for the latest cryptocurrency intelligence and trading skills.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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