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Many people think that trading cryptocurrencies is all about luck, but that's not true. I use a relatively simple method to achieve continuous profits, and I have already earned 2 million yuan. Both beginners and experienced players can get started.
The core is these 9 principles, mastering execution is the most critical:
Is the market crashing but your coins are only slightly falling? This is usually a signal that the big players are protecting the market, so you can hold confidently. For short-term trading, watching the 5-day moving average is enough—hold when the price is above the line, sell immediately if it breaks below. The same logic applies to mid-term trading, using the 20-day moving average, strictly follow this rule.
Once the main upward wave takes shape and hasn't volume-spiked yet, get on board directly. When it rises with volume, keep holding; if it shrinks in volume but the trend hasn't broken, don't rush to sell. Once volume increases and the trend breaks downward, reduce your position immediately. If you buy short-term and there’s no significant fluctuation within 3 days, close the position; if losses reach 5%, cut losses unconditionally.
When a coin drops 50% from its all-time high and continues to decline for more than 8 days, this is called an oversold condition. At this point, consider gradually following up. But remember, only choose leading coins—the ones that surged the most and are the most resilient during declines. Don’t care about the percentage gains or losses; the key is to buy at high levels and sell at even higher levels.
Trading along the trend is always the king. Don’t chase the lowest price when buying; learn to abandon weak coins. The easiest mistake after making profits is getting overconfident. Take time to review, distinguish whether each trade was luck or skill, and build your own stable trading system to make money in the long run.
One last point—don’t take trades you’re not confident in. Holding cash is also a strategy. Protect your principal first, then talk about profits. Improving your success rate is always more important than frequent trading.