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The dumbest way to make money in Cryptocurrency Trading: three don'ts and six must-kills, even market makers are afraid you will learn it!
The secrets to getting rich in the coin world often lie in the simplest methods.
Today, I'm going to reveal this "foolproof method" that even market makers break into a cold sweat when they see it—because it's so simple it's outrageous, yet it can make your account balance soar like a rocket!
Three major taboos in Cryptocurrency Trading: violate one and you'll be poor for three years!
The first taboo: chasing highs and selling lows! Do you know why 90% of retail investors lose money? Because they always cry out "this time is different" when the coin price skyrockets, only to get stuck at the peak and drink the northwest wind.
A real tough person enters the market when the cryptocurrency trading circle is in turmoil—when even the exchange app dares not open, that's when you should be greedy!
Second taboo: All in on a single coin! Have you seen gamblers betting all their fortune on a "lucky number"? Their endings are written in the toilets of the casino VIP room. Keep 30% cash on hand, and only during a crash will you know the joy of "while others panic, I buy the dip!"
The third taboo: going all in! The harshest truth in the cryptocurrency trading world is that opportunities are always more abundant than money. Those who go all in are like hunters with their hands and feet tied, watching helplessly as the fat sheep slip away before their eyes. Remember, position management is the lifeline of top experts!
Six key phrases for short-term trading, each strike hits the mark.
1. Consolidation Must Change Law: High-level sideways? Don't rush, the market maker will definitely create a "false breakout" to lure you in! Low-level bottoming? Be careful, a crash often strikes in despair! Remember: Before confirming the direction of the change, your hands are more precious than gold!
2. Sideways Market = Death Trap: Data shows that 80% of liquidations occur during sideways periods! Those who can't resist the urge to trade, the grass on your grave is already three meters high.
3. Buy on bearish candles and sell on bullish candles: the reverse operation is the way to go! When the candlestick forms a terrifying large bearish candle, congratulations — it's time to pick up money!
4. Rapid Decline Acceleration Principle: The slower the coin price drops, the gentler the rebound; the crazier the drop, the more violent the rebound! Next time you see a waterfall-like crash, be ready with a bag to hold the money!
5. Pyramid Building Strategy: The secret that Wall Street moguls refuse to disclose: increase your position by 10% every time the bottom area drops by 10%, driving the cost price down to make the market makers cry!
6. Rule of Clearing Positions During Market Changes: Prices of skyrocketing coins stagnating? Don't be greedy, withdraw your principal first and let the profits fly! Prices of plummeting coins stagnating? Don't take chances, cut losses faster than Bruce Lee's punch!
A single log cannot form a boat, and a lone sail cannot travel far!