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Using the dumbest method, let you walk the most profitable path in the crypto world! In Cryptocurrency Trading over the years, I've seen too many people get liquidated, exit the market, and leave in disgrace. The reason they are struggling every day is not due to a lack of talent, but because they keep making three fatal mistakes. Today, I've organized the following points for everyone:
First, buy on the rise. When the coin rises, people get greedy, thinking "this wave can soar," but as a result, they rush in and end up crashing the market.
When the real crash happens, no one dares to buy. Only those who can turn "daring to buy when it drops" into a habit are truly reaping the benefits of the cycle.
Second, the order pressure kills. Is the direction right? Useless!
As long as the main force makes a move and throws in a few spikes, you can be wiped out. Those who don't understand to leave some room will inevitably only play through one round of the market.
Third, being fully invested. As long as you are all in, it means you have no chance to adjust your positions or change coins. Even if you judge the trend correctly, you can only watch others make money.
In the end, you didn't lose because of the market, but rather because of your own habits.
I have summarized a set of "six tricks" for short-term trading: simple and straightforward, but really useful:
1. The high-level consolidation is not over, and new highs are still to come; the low-level consolidation has no bottom, and it is easy to continue falling. Don't make a move if there is no change in the market.
2. Just endure during sideways movement, don't enter the market. The choppy market is the most exhausting and the easiest to lose money.
3. Buy when the daily line closes in the red, sell when it closes in the green, and follow the market sentiment, which is much stronger than relying on your own feelings.
4. If it falls slowly, the rebound is weak; if it falls quickly, it can easily get liquidated. Watch the rhythm, find the rhythm.
5. Build positions in a pyramid, enter in batches, leave some bullets, and do not let the market dictate your rhythm.
6. After a big rise and fall, there will definitely be fluctuations, and after fluctuations, there will be a change in trend. Don't go all in at the peak, and don't go all in in despair.
To put it simply, the dumbest way to trade crypto is the most effective.
But on this path, 90% of people cannot stick with it.
Because you have to endure, to persevere, to control your hands,
Stay calm when others are frantic, and take action when others are in despair.
You think experts have good luck, but in reality, they have perfected the "foolish method."
The crypto world is not short of opportunities; what it lacks is you who can survive.