8 truths about trading cryptocurrencies, mastering them makes you an expert!
Buying more is for stopping losses, not chasing huge profits
When trapped, the purpose of buying more is to reduce losses, don't expect to get rich overnight with a rebound. The idea of huge profits will only lead to greater losses.
On the surface calm, a storm is coming behind
Don't be deceived by the stable market in front of you; the market can turn at any time, staying alert is the key.
After a big rise, a correction is just ahead
The greater the rise, the sharper the correction. Look closely at the candlestick chart, don't buy at high positions, and make good risk control.
Going against the trend shows expert style
Buy when others panic, sell when others are greedy, going against the market is how to make big money.
Don't sell at high positions, don't buy at low positions, and stay still during sideways movement
Don't rush to sell at market highs, decisively enter when it breaks support, and don't act blindly during sideways movement, wait patiently for opportunities.
Look for resistance when the price rises, look for support when it falls
For upward trends, watch for resistance; for downward trends, watch for support. Always adjust strategies to grasp the market's rhythm and direction.
Full positions equal suicide, flexible positions are the key
The market changes quickly, maintain appropriate positions, and flexible operations can help cope with volatility.
Trading cryptocurrencies relies on mindset, greed and fear are the deadliest
Chasing during rises and selling during falls will only lead to greater losses. Stay calm, act rationally, and you can remain undefeated in the market.
Last night, the Ethereum position arranged for fans also closed with a profit of 300
Also took a big piece of profit
The previously arranged DOGE, XRP, CRV, APT, OP, UNI, LINK, EIGEN, ENA, etc., have all achieved good returns, with no less than nine projects doubling!
In the upcoming arrangements, I will continue to lead everyone to seize the huge profit opportunities in altcoins!