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Looking at today's crypto world, Lao Jiu can't stand seeing others lose money. Today, Lao Jiu has decided to share the experiences he has summarized over the years. Lao Jiu will explain how to survive in this market and how to maintain an undefeated position, which can at least help you avoid years of detours. What you learn directly can help you turn the tide!
💎 Do not chase the rise: Never buy when the coin price is skyrocketing; instead, go against the trend. Buy boldly when the market is in panic, when others are afraid and the coin price is falling. Buy when no one is paying attention, and purchase when others are cutting losses, implementing the trading model of "When others are fearful, I am greedy; when others are greedy, I am fearful!"
💎Do not go all in: Going all in makes us very passive in market fluctuations. If we develop the habit of going all in, we will lose many opportunities. There are many opportunities in the crypto world, but our capital is limited. The crypto world does not lack opportunities, but it does lack capital and patience!
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Be brave to enter the market during a downturn, and naturally, you will reap the rewards once the market improves!
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The current landscape of the crypto world will only lead to a complete loss for oneself!
Still the same saying, focus on short-term trading before Bitcoin breaks through 98k!
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Share six major short-term trading secrets for coins:
1 💎 Grasp the direction after consolidation: After the price of the coin consolidates at a high level, it is highly likely to reach a new high again; after consolidating at a low level, it often reaches a new low again, so wait for the consolidation to end and the change in direction to be clear before taking action!
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2 💎 Do not trade during sideways movement: Many brothers incur losses from frequent trading during the sideways phase. It is best to hold your position when the coin price is moving sideways!
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3 💎 Based on real-time K-line bullish and bearish trading: Buy when the daily line closes with a bullish candle, as there is a good chance of consecutive bullish candles. Sell when the daily line closes with a bearish candle, otherwise, it is very easy to get deeply trapped!
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4 💎 Pay attention to the rhythm of decline and rebound: When the coin price declines slowly, we call it a "downward trend," and rebounds are generally difficult. When the coin price declines rapidly, once it stabilizes, the rebound strength will be significant!
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5 💎 Gradual Entry: Why should we accumulate in batches? Here, I want to emphasize one point: Old Nine is not a deity, and neither are you. Old Nine cannot guarantee that every time he can catch the lowest price. Therefore, entering in batches can greatly lower our cost!
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6 💎 The best selling method: When the coin price continues to rise and explodes, do not rush to sell all at once. Wait for the coin price to enter a consolidation phase within a certain range. This is the time to choose a direction again: continue to explode or directly dump. Set a take-profit point to exit when it falls 5 points down. Follow this method online, so you won't miss out on more big profits later!
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