Today I share with you 6 practical tips; if you understand one, you will lose a few thousand less; if you apply three, you will be stronger than most retail investors.
👉First tip: if it goes up quickly and down slowly, it means the operator is accumulating slowly.
Rapid rises and slow falls are mostly part of a market cleanup; don't rush to sell. Only when it really reaches its peak does a sudden increase in volume occur, followed by a drastic fall, which leaves many trapped.
👉Second advice: if it drops fast and rises slowly, it means the operator is secretly selling.
After a sudden collapse, recovery will be slow; don’t think it’s an opportunity to pick up bargains, it could be the last blow.
Don’t think: "it has dropped so much, where else can it fall?" This thought is the easiest path to ruin.
👉Third advice: an increase in volume at the top doesn’t mean it’s finished; the lack of volume is what should worry you.
If there is volume at a high level, there may still be one more push; if it’s calm and without volume, that’s a sign that a collapse is coming.
👉Fourth advice: don’t rush with volume at the bottom; sustained volume is what counts.
A unique increase in volume may just be a decoy. There must first be a swing, followed by several days of volume; that is really the opportunity to build positions.
👉Fifth advice: trading cryptocurrencies is trading with the human heart; the human heart is hidden in the volume.
K candles are the result, volume is the indicator of emotions. If the volume is small, it means no one is playing; if it suddenly increases, it indicates that there is indeed capital coming in.
👉Sixth advice: "no" is the true skill.
Without obsessions, if you need to be in cash, be in cash; if you need to buy at the bottom, do it, without hurry or panic. This is not just giving up, but perfecting the trading mindset.
Opportunities in the world of cryptocurrencies will always exist, but what’s lacking are people who can control their hands and see the situation clearly. It’s not that you’re going slow, it’s that you’re crashing in the dark.
This light I have is always on; just move a little forward and keep the pace, there’s no need to wander in the night.
