📈 A must-read for cryptocurrency beginners: 3 major taboos + 6 key strategies for guaranteed profits!
⚠️ 3 major taboos: Don't let mistakes ruin your wallet
Don't chase highs and cut losses
Crazy buying when prices skyrocket? Wrong! Remember: "When others are greedy, I am fearful; when others are fearful, I am greedy." A plunge is the opportunity, don't be swayed by emotions.
Don't gamble on large orders
Gambling on large orders = gambling! The market changes rapidly, winning once is not as good as winning steadily ten times. Trading cryptocurrencies is not a life-or-death gamble, it's a technical job.
Don't go all in
Going all in = being passive! Once the market reverses, there won't even be an opportunity to average down. Always keep some cash on hand; opportunities will always exist.
🚀 6 key strategies: Secrets to steady profits in short-term trading
High-level consolidation → new highs, low-level consolidation → new lows
Wait for trend reversal signals before acting! Don’t rush to guess tops and bottoms; act only after the direction is clear.
No trading in sideways markets
Control your hands! Frequent trading in sideways markets = cutting losses. Patiently wait for breakout signals; the win rate doubles.
Buy on bearish candlesticks, sell on bullish ones
Simple, straightforward, and effective! Daily bearish candlesticks present opportunities, exit when bullish candlesticks appear.
The speed of decline determines the strength of the rebound
Quick decline → strong rebound; slow decline → weak rebound. Follow the trend and adjust your pace.
Pyramid building method
First purchase half, second purchase increases by 30%, third purchase adds 20%... buy more as prices drop, thereby lowering costs.
A change in trend is guaranteed after sideways movement
High-level sideways → liquidate; low-level sideways → increase positions. Respond flexibly, don’t hold on stubbornly.
Summary: The core of cryptocurrency trading is controlling risks + patiently waiting + strictly executing strategies. Don't think about becoming rich overnight; steady and solid progress is the way to go!