Only a master of currency speculation knows wealth knowledge, and these eight tips should not be missed

1. When you are stuck, you need to cover your position to protect your principal. It is greedy to expect profit.

When you speculate in currency, there will always be a few coins that are stuck. At this time, remember not to dream of turning losses into profits. Being eager for quick success will only make you sink deeper and deeper. Honestly cover your position and protect your principal to make a steady flow.

2. When the water surface is calm, beware of the big waves behind.

The currency market is calm on the surface, but there are undercurrents. Don't be fooled by the small increase in front of you, stay alert, and beware of the next big shock.

3. After a big increase, there must be a correction, and the K line will draw a triangle for many days.

The currency price is soaring, don't be overjoyed. Because after that, there will inevitably be a correction. Look at the K line, isn't it an equilateral triangle outlined for many days?

4. Buy Yin instead of Yang, sell Yang instead of Yin, and go against the market to be a hero.

Buying coins should be done when the price is falling, and selling coins should be done when the price is rising. Do the opposite to achieve a surprise victory.

5. Don't sell when the price is not rising, don't buy when the price is not diving, and don't trade when the price is sideways.

Don't rush to sell when the price is rising, and don't rush to buy the bottom when the price is diving. When the price is sideways, you should control your hands and wait and see.

6. Look at the support level in the upward trend, and the resistance level in the downward trend.

When the price of the coin is rising, pay attention to the support level to prevent a fall. When the price of the coin is falling, pay attention to the resistance level so as to buy the bottom.

7. Full position operation is a taboo, and it is not advisable to act alone. You should know when to stop when the price changes, and enter and exit freely while watching the opportunity.

Don't operate with a full position and bet everything on one throw. The currency market is impermanent, you must know when to stop and enter and exit freely. Wait and see how it changes, and you can seize the best opportunity.

8. The mentality of currency speculation is a big harm, and greed and fear are big harm.

Be cautious when chasing ups and downs, and be calm and at ease. When trading cryptocurrencies, your mentality is crucial. Greed and fear are our biggest enemies. Don't chase ups and downs, and keep a calm mind.

Finally, let us remember these eight tips, laugh at the bear market, and become a true crypto hero!