🔥 The eight iron laws of cryptocurrency trading will help you to be at ease in the cryptocurrency circle! 🚀

1️⃣ Covering positions is only to reduce losses, don't fantasize about huge profits

When you are trapped, the purpose of covering positions is to reduce losses, not to bet on rebounds! Stay calm and avoid deepening losses.

2️⃣ There is a storm behind the calm, don't be fooled by illusions

The market seems stable, but in fact it is undercurrents. Always be vigilant, big fluctuations may come at any time! 🌪️

3️⃣ There will be a callback if it rises too much, be wary of triangles

If it rises too much, it will callback, this is the law of the market! 📉 Learn to identify triangles and avoid taking over at high positions.

4️⃣ Buy when the negative line is negative and sell when the positive line is positive. It is the kingly way to operate against the market

Buy when others are afraid and sell when others are enthusiastic. This is the winner's mindset! 💪

5️⃣ Don't sell when the price goes up, don't buy when the price goes down, and wait and see

Don't rush to sell at a high position, and enter the market boldly when the price falls below the support. Be patient and wait during the sideways period, and don't sell easily. ⏳

6️⃣ Look at the pressure level when the price goes up, and look at the support level when the price goes down

Know how to identify the resistance and support levels, and the market has traces to follow! Only when you know it well can you operate properly. 📊

7️⃣ Full warehouse is a taboo, and flexibility is the king

The currency market changes rapidly, and position management is crucial! Only by maintaining flexibility can you move forward and backward freely. 🚀

8️⃣ Mindset is king, control greed and fear

The key to currency trading is mentality! Greed and fear are your biggest enemies. Only by maintaining a stable mentality can you be invincible. 🧠💎

Keep calm, make rational decisions, and don't be swayed by emotions, so that you can stand out in the storm of the currency circle! 💥🌊 #6万保卫战 #SXP #zec #WING #REZ $PSG $SXP $ZEC