Lately, many people have been asking me how to short-term trade in the cryptocurrency market. Honestly, it's not about talent, it's about timing. You can make quick money, but you need a strategy.
I often use a 5-day candlestick chart + a 15-minute candlestick chart. The 5-day chart indicates direction, and the 15-minute chart tracks the market's rhythm. Especially in the first few days of a new coin's launch, with high volatility and active trading volume, it's easy to snag a 2%-5% profit. The key is to cash in quickly and avoid greed.
Another tip: Don't trade during periods of volatility; wait until the trend becomes clear before entering. Last month, I held on for four days before taking action, only to lose a full 12% on a single trade. Short-term trading may seem exciting, but it's actually about navigating stability and speed.
Short-term trading in the cryptocurrency market isn't about courage, but patience. Remember, learn to survive first, and profits will follow.