Cryptocurrency Trading Mantra, shared with everyone.
Trading Mantra One: Hold and average down for breakeven, seeking profit is greed.
Trading Mantra Two: A calm surface hides a high wave, beware of the big tides behind.
Trading Mantra Three: After a big rise, a pullback is certain, K-line draws a triangle over several days.
Trading Mantra Four: Buy on the dip, not on the rise; sell on the rise, not on the dip. Moving against the market is the mark of a hero.
Trading Mantra Five: Don’t sell at highs, don’t buy at lows, no trading when sideways.
Trading Mantra Six: In an uptrend, look for support levels; in a downtrend, look for resistance levels.
Trading Mantra Seven: Full position trading is a major taboo; stubbornness is not advisable. Be aware of constant changes, and move freely while observing the market.
Trading Mantra Eight: Trading is about mindset; greed and fear are great harms. Be cautious when chasing rises and falls; maintain a calm and relaxed state of mind.