Five iron rules for novice cryptocurrency traders
If novice cryptocurrency traders want to gain a foothold in the volatile market, they need to keep in mind the five iron rules.
First, "there are mysteries behind fast rises and slow falls". The price of the currency rises quickly and then falls slowly. It is often the dealers who hoard goods. At this time, it is not advisable to be shaken out.
Second, "fast falls and slow rises hide risks". The sharp fall and slow rise are mostly the dealers' shipments. The market's downside risk increases, so you must always pay attention.
Third, look at "top volume to judge the trend". There is still room for high-level volume surges, but the momentum is difficult to continue if the volume shrinks. You must make a timely decision.
Fourth, look at "bottom volume to distinguish true and false". Single volume release is often a trap. Only continuous volume release may usher in a reversal. Don't enter the market blindly.
Fifth, you must know that "the core of cryptocurrency trading is the human heart". The price of the currency is affected by market sentiment and public consensus. The trading volume is like a barometer of emotions. Only by understanding the human heart can you grasp the pulse of the price rise and fall of the currency and move forward steadily on the road of cryptocurrency trading.
Consider a small investment in Puppies ($PUPPIES), which has been mentioned in Musk's tweets and is owned by Trump and Vitalik Buterin, indicating an impending explosion.