Last summer, I saw a certain coin rise 20% in one day, and someone in the group said, 'This coin is going to 100.' I couldn't help but invest my entire 20,000 principal. As a result, it dropped 15% the next day. I thought, 'Wait a little longer, maybe it will rebound.' A week later, I lost 50%. Sitting in front of my computer, tears streamed down my face: 'Why am I so foolish?'
Later, I analyzed the K-line of 100 coins and found that the bull coin was never bought by 'chasing highs,' but rather by buying on 'pullbacks.' For example, BTC tends to pull back 10%-15% after each significant rise. Buying during those times minimizes risk and maximizes profit.
I summarized the 3 key points of the 'Bull Market Pullback Buying Method':
① Look at the 'Trend': Only buy coins that have turned upwards on the 3-day moving average. If the 3-day moving average is still going down, don't buy even if it's a pullback.
② Look at the 'Support Level': For example, if a certain coin previously rose to 100 and pulled back to 85 (a 15% drop), this is the 'support level' where you can buy in.
③ Set the 'Take Profit Line': After buying, set a 10% take profit line. If it rises to 95, sell half and keep the rest for a larger increase.
Last month, I used this method to buy a certain coin. I bought it when it pulled back 12%, and after 3 days, it rose by 18%, making 2000 bucks. Although it's not much, at least I no longer 'chase highs and lose.'
There is a saying in the cryptocurrency world: 'Chasing highs is momentarily enjoyable, but losing money is a funeral pyre.' If you want to avoid 'chasing highs and losing,' consider following me.@币圈罗盘 I will share specific cryptocurrencies for 'buying on pullbacks' every day, so we can 'make money with low risk' together. Next time, I'll tell you the story of how I made 50,000 using the 'pullback method.' Remember to check it out~
#加密市场反弹 $BTC $ETH
