Web App Launch

#PI# is about to launch the Mainnet, All in

Will #PI# come back?

Ten years of trading cryptocurrencies, the top ten iron rules from losing everything to earning back ten million! - Having been in the cryptocurrency space for over ten years, starting with an initial investment of 5000, I made over 10 million during the bull market, only to lose it all and owe 7 million within three years. In the end, I turned things around with a borrowed 200,000 and made back 10 million. Along the way, I have summarized the ten iron rules of trading cryptocurrencies, and I hope to share them with you today to help you avoid some pitfalls! - Iron Rule One: Understand market sentiment; trading volume is the core indicator. • Trading Volume Rises, Prices Stabilize: A significant increase in trading volume while prices remain stable may indicate the end of a downward trend. • High trading volume with stagnant prices: A surge in trading volume without a significant price increase may indicate that a short-term peak has been reached. • Price increase accompanied by rising trading volume: During the upward trend, trading volume should maintain a steady increase; any abnormal reduction or surge may indicate the end of the upward market. • Increased trading volume at key downward nodes: When the price drops to a critical level, trading volume surges, and the downward trend may continue further. - Iron Rule 2: Key price levels guide trading decisions • Support, Resistance, and Trend Lines: Taking decisive action when the price reaches these key levels is crucial! • Golden Ratio Rule: I use it to accurately predict support and resistance, with significant results. - Iron Rule Three: Comprehensive Analysis of the Market Across Multiple Time Periods • One-minute chart: Capture precise entry and exit timings. • Three-minute chart: Monitor the price fluctuation trend after entry. • 30-minute to 1-hour chart: Capture the subtle changes in intraday trends. - Rule Four: Stay Calm After Stopping Losses • Stop loss means the end of the trade: Each trade is an independent starting point, don’t let the past affect your judgment. - Iron Rule 5: Efficient Position Management Strategy • Three-Phase Positioning Method: 1. Initial Positioning: The coin price rises above the five-day moving average, first purchase. 2. Increase Position: Break above the fifteen-day moving average, continue to increase position. 3. Fully loaded and waiting: Stand firm on the 30-day moving average and complete the position building. • Strict Stop-Loss Discipline: • Break below the five-day moving average, reduce positions; • Break below the fifteen-day line, reduce further; • Break below the 30-day line, full retreat! - Rule Six: The selling strategy is equally important. • Break below the five-day line at a high position: moderately reduce positions and observe the changes. • Break below the 15-day and 30-day moving averages: decisively clear out, leaving no regrets. - Iron Rule Seven: Be wary of market news and don't let emotions dictate your rhythm. • Frequent positive news but prices do not rise: Be wary of market manipulators offloading their assets and take profits in a timely manner. • Negative news continues to emerge, but the price does not drop: This may be a bottom signal, keep a close watch. - Iron Rule Eight: Stick to reviewing and deeply explore trading experiences. • Daily Review: Summarize the reasons for success and failure, and extract lessons learned. • Regular Review: Analyze past trades, adjust strategies, and enhance awareness. - 铁则九:设定profit目标,不贪心 • Define profit range: Take profit decisively when the target is reached, do not chase the rise or sell during the fall. • Learn to take profits in batches: Especially during a surge in the market, do not sell everything at once. - Iron Rule Ten: Mindset is King, always remain calm. • When at a loss: Don't rush to recover, calmly analyze the mistakes. • When making profits: Don't be blindly confident, the market is always full of risks. • Be patient and wait for opportunities: Do not rush, better to miss than to make a mistake. These iron rules are the valuable experiences gained from countless failures and successes in the world of money. On the road of trading cryptocurrencies, may you avoid traps and move forward steadily!

#PI# see how May 20th goes

#PI#I like this engineering guy.