Take profit, can rest today, made 4000 points on two trades, the market is really strong, if you're lacking direction or clarity in your thoughts, feel free to come discuss with Yang Dan.
I have been trading cryptocurrencies for 7 years, invested 100,000 in the market, and now I support my family through trading. Here are my hard-earned experiences: First: Do not worry about how long you hold, but focus on whether the market has reached its peak. Second: When the price rises, if you are solely focused on pursuing higher profits and are reluctant to sell your holdings at a high price, the result of greed is often "missing the opportunity." Third: Take profits when you can, and maintain your gains; it requires wisdom and patience. Fourth: Sell when everyone on the street is talking about "blockchain." Fifth: Any greedy investor who sees a significant rise will inevitably regret not buying in when the price was low, or buying too little. Meanwhile, the main traders take advantage of the retail investors' itchy buying psychology to drive up prices and sell off.
This wave quickly dropped 1300 points within an hour, securing profits first. Find the right entry point for pullbacks, just do 2 waves a day, chat about it when there's no direction.
The long position has been closed with a profit of 2000 points. Did you seize such a good market opportunity? If you're uncertain about the direction, let's chat.
Who said the market must fall on Friday? This is not Black Friday, this is Golden Friday. I took profit at 2,000 points. I was too greedy. Otherwise, it would be 3,000 points.
I have traded coins for 5 years, turning a principal of 30,000 into 15 million; it's actually not difficult.
1:) Coin Hoarding Method: Suitable for both bull and bear markets. The coin hoarding method is the simplest yet the most difficult strategy. It’s simple because it just involves buying one or several coins and holding them for six months or more without any operations. Generally, the returns are at least tenfold. However, beginners often see high returns or encounter a situation where the coin price is halved and consider switching or exiting. Many find it hard to stick to not operating for a month, let alone a year. So, this is actually the most difficult part. 2:) Bull Market Dip-Chasing Method: Only suitable for bull markets. Use a portion of spare cash, preferably not exceeding one-fifth of your total funds. This method is suitable for coins with a market cap between 20 and 100, as you won't be stuck for too long. For example, if you buy the first altcoin and it rises by 50% or more, you can switch to the next coin that is experiencing a major drop, and so on. If your first altcoin gets stuck, just wait; a bull market will definitely free you. The premise is that the coin cannot be too problematic. This method is actually hard to control, so newcomers need to be cautious.
Oh my god! I've always said I would do more, but the time I spend eating has increased so much that it's taking off. Hahaha, I'm so tired of making money.
Taking a light position to buy again and reaching 1600 dollars, if we don't seize such a strong market, we will have to wait another year for this year's market. The thinking is clear, the direction is clear, just do it.
Cryptocurrency Trading Secrets "Collector's Edition" Secret 1: Entering the crypto world, prepare first Better to enter less than to rush in Secret 2: Low-level sideways, then new lows Buy heavily, good timing Secret 3: Sell on the rise, buy on the plunge Avoid trading during sideways Secret 4: If it keeps going sideways It means it may drop while holding; you must firmly hold your coins as they may surge at any time Secret 5: When there's a rapid surge Be ready to sell at all times A crash can happen at any moment Secret 6: When slowly declining It's the time to gradually add to your position Secret 7: High and low consolidation, wait a moment Secret 8: High-level sideways, then another rise Seize the opportunity, sell quickly Low-level sideways, then new lows Buying in full is a good opportunity Secret 9: Don't chase high, don't sell Don't plunge, don't buy Sideways, no trading Secret 10: Buy on the dip, not on the rise Sell on the rise, not on the dip Acting against the market is the mark of a hero Secret 11: If there's a big drop in the morning, buy If there's a big rise in the morning, sell If there's a big rise in the afternoon, don't chase If there's a big drop in the afternoon, buy the next day If there's a big drop in the morning, don't cut losses If no rise or drop, sleep Secret 12: If stuck in a position, add to your holdings, seek to break even Wishing for profit is greed Secret 13: A calm surface can hide a big wave Be cautious of the storm behind Secret 14: After a big rise, there will surely be a pullback Draw triangles on the K-line for several days Secret 15: In an upward trend, look at support levels In a downward trend, look at resistance levels Secret 16: Full position trading is a big taboo Stubbornness is not advisable You must know when to stop amid constant changes Enter and exit freely, then observe for opportunities Secret 17: Trading cryptocurrencies is about mindset Greed and fear are major hazards Be cautious when chasing highs and cutting losses Stay calm and in good condition Secret 18: In the crypto world, the core of success boils down to two sentences Hold the coins in your hand and don't let go