I have been trading cryptocurrencies for 10 years.
I lost money in the first 3 years and made money in the last 7 years.
Here are 6 valuable lessons I learned:
1. Trade strong currencies: Use the 60-day moving average as a guide. Enter when the price is above and stable, and exit when it falls below.
2. Avoid consecutive gains of more than 50%: high gains can be risky. Lower positions have better cost-effectiveness and control risks.
3. Watch for signs of rising: Look for small fluctuations (-10% to 20%) before a big rise. Participate in batches when prices are low.
4. Take advantage of new trends: New market trends usually have 3-5 days of growth. Knowing this can help you catch the main market forces.
5. Be cautious in a bear market: Keep positions vacant for at least half a year. Reduce operations when the market falls.
6. Weekly review: Focus on evaluating your approach, not just profit or loss. Correct mistakes in time to develop your strategy.
Success requires preparation. I am with you no matter what the market is like!
If you can't learn it, find a good project in the primary market to build together
Why do many big money players start to take out part of their funds to go to the primary market to pan for gold?
1. The coins in the secondary market are like mature stocks [not much room for appreciation]
2. The high-quality coins in the primary market are like unlisted equity [huge room for appreciation]
[Small funds]
Directly build positions in high-quality projects in the primary market to make a small investment
[Large funds] Investment advice
80% of the funds are used to build positions in mainstream currencies for stability and security
20% of the funds are used to build positions in high-quality projects in the primary market to make a small investment
Binance According to the center 👇
Binance Chain Ecosystem Application Primary Market Potential Project 👇
OSKS Binance Contract 👇Look at the data, pay attention and don’t get lost
0xfbc2ae69b62353b07591ec0faf67aa7ee933417b
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