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📅 July 3, 7:00 – July 9,
The dumbest but most stable way to trade cryptocurrency actually comes down to six rules. Remember these, and you'll earn more over time.
Six Short-term Trading Rules:
🔹 High-level consolidation mostly leads to new highs, while low-level fluctuations are likely to test the bottom again.
🔹 Do not operate during the sideways period; wait for direction confirmation before taking action.
🔹 Enter with a bearish candle, exit with a bullish candle, and follow the rhythm of the candlestick chart.
🔹 A slow drop leads to a slow rebound, while a sharp drop leads to a quick rebound.
🔹 Build positions using the pyramid method, adding more as prices fall.
🔹 After consecutive rises and falls, it mostly consolidates, and after a long consolidation, it must change; focus on the direction.
Move less, take it slow, focus on logic, don't treat opportunities as enthusiasm to be squandered; Cryptocurrency Trading is essentially a test of endurance.