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$POL Learning these simplest Cryptocurrency Trading methods will gradually make you rich. Firmly grasp the following 10 rules.
1. As long as a strong coin has dropped for 9 consecutive days from a high position, it is important to follow up in a timely manner.
2. As long as any coin rises for two consecutive days, it is essential to reduce the position in a timely manner.
3. As long as any coin rises by more than 7%, there may be opportunities for a pullback the next day; you can continue to observe.
4. You must wait for the previous bull coin to end before entering.
5. If any coin experiences flat fluctuations for three consecutive days, observe for another three days. If there is no change, consider switching positions.
6. If any coin does not manage to recover the cost price from the previous day, one should exit promptly.
7. If there are three on the rise list, there must be five; if there are five, there must be seven. Coins that have risen for two consecutive days should be entered at a low, and the fifth day is usually a good selling point.
8. The volume-price indicators are crucial, and the trading volume can be considered the soul of Cryptocurrency Trading. When the coin price breaks out on increased volume at a low consolidation level, it should be noted; when there is a surge in volume but stagnation at a high level, one should decisively exit.
9. Only choose coins with an upward trend for operation, which maximizes wins and avoids waste. A 3-day line turning upwards indicates a short-term increase; a 30-day line turning upwards signifies a medium-term increase; an 80-day line turning upwards means a primary upward trend; and a 120-day moving average + turning upwards indicates a long-term increase.
10. In the cryptocurrency trading world, small funds do not mean there are no opportunities. As long as you master the correct methods, maintain a rational mindset, and strictly execute strategies while waiting for opportunities to arise.