Six things not to buy, four things not to let go: the tricks of speculating in cryptocurrencies are directly explained
Six things not to buy:
1. If the coin keeps falling and the 60-day line has not stabilized, don't touch it first.
Follow the trend, wait and see if the coin keeps falling, and see when it turns back.
2. Don't buy the coin that has good news after rising.
When good news comes, it is often a signal to sell. If the coin that has risen again has good news, the main force may want to close the net.
3. If the coin rises too fast all of a sudden, stay away from the 5-day line, don't chase it.
The risk of coins that rise too fast is also high, and it is easy to get stuck when chasing high.
4. Don't take risks with coins that suddenly jump high at high positions.
The risk of gapping at high positions is not small, and it may be that the main force is quietly shipping.
5. Avoid coins with a turnover rate of more than 30%.
The turnover rate is too high, which means that the long and short sides are fighting fiercely. Let's avoid this volatile market first.
6. Don't be fooled by coins that are still holding up in a bad environment.
Coins that are still being pulled up when the market is not good are probably "smokescreens".
Four things not to let go:
1. Coins with RSI between 50 and 80, continue to hold.
RSI is high in the middle, which means that the coin still has strength and you can earn more by holding it.
2. Don't rush to sell coins that jump up from a low position.
A gap-up rise indicates that the bullish momentum is very strong, and we will see if it can continue to rise.
3. Hold on to coins that are trending upward.
Follow the trend, the longer you hold the coins in the rising trend, the more you will earn.
4. Don't sell coins that have all the chips concentrated in one place easily.
The chips are all piled up together, and the main force may still want to pull it up. It's not too late to wait until the high point to make a move.
Experience in coin speculation:
For coin speculation, you still have to follow the rules and can't rely on your feelings. Seeing the trend clearly is much more reliable than guessing!
I share some practical skills every day, just to help everyone make real money in the coin circle.
"Six things not to buy, four things not to let go" is my summary of practical experience, I hope it can give you a clear way!
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