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If you've been trading cryptocurrencies for over a year and still haven't made a million 💰, after reading these 10 essential tips, and still can't make money, come find me. I've been trading for 9 years and earned over 60 million. Remember these 10 tips after more than a decade of trading: 👇
1️⃣ If your capital isn't very large, for example under 200,000, it's enough to catch one main upward wave each year. Never be fully invested all the time.
2️⃣ You can never earn wealth beyond your understanding. Practice with a simulation account to develop your true mindset and courage. Simulation trading can fail infinitely, but real trading failures might be your last, possibly causing you to stay away from the market forever.
3️⃣ When there's a major positive news, if you don't sell on the same day, remember to sell at a high open the next day. Positive news often turns into negative.
4️⃣ Before major holidays, reduce your holdings a week in advance or go completely cash. Historically, markets tend to fall during holidays.
5️⃣ The medium- to long-term strategy is to keep enough cash, sell high, buy back on dips, and operate cyclically for the best results.
6️⃣ Short-term trading mainly depends on trading volume and chart patterns. Trade actively during big swings, avoid inactive patterns.
7️⃣ When the decline slows down, rebounds will also be slow; when the decline accelerates, rebounds will be quick.
8️⃣ If you make a wrong buy, admit it, cut losses promptly, and protect your principal. This is the key to survival in the market.
9️⃣ For short-term trading, always check the 15-minute K-line chart. The KDJ indicator can help identify good buy and sell points.
🔟 There are countless techniques and methods for trading cryptocurrencies. As long as you master a few key ones, that's enough. Don't be greedy for too many.
Sister Jie only does real trading, not pie-in-the-sky promises. Our trading team still has openings. Brothers and sisters who want to learn methods and turn their fortunes around, hop on and let's do this together! #加密市场反弹