The eight iron rules of the currency circle, if you learn them, you will earn them!
First, for those currencies that are complicated and cannot be seen clearly by yourself, do not rush into them. It is the weakest persimmons, and the same is true for currency speculation.
Second, don’t buy the same coin all at once. Even if you are very optimistic about it and you are proven to be right later, don’t buy it all at once. Because disorders change rapidly, no one knows what will happen tomorrow.
Third, it is recommended to pay less attention to currencies that are not on an upward trajectory. No matter what happens in the future, don't accompany the main force to build a position. Retail investors don’t have time to spend with them
Fourth, don't imagine that you can make money and always do short-term work, in and out every day. Frequent entry and exit may bring you pleasure, but it will make you lose a lot of money. The only person who benefits is the exchange, and you will not have such a high level, and you are not a banker. Don't buy too many coins, preferably no more than 10, because you don't have that much energy to look at them. It's like if you want to marry five wives, even if you are in good health, you can't satisfy your wives. Wei Xiaobao's story only happens in novels.
Fifth, this coin is very cheap and has dropped a lot. It is not a reason for you to buy it, and it will never be!!! It may be even cheaper!!!
Sixth, this coin is very expensive and has risen a lot. This is no reason for you to refuse to buy or sell. It could go even higher!!!
Treasurer’s advice:
1. Don’t throw bull coins easily, choose bull coins first, get half way, do both hot spots and strong coins, suitable for both investment and speculation, get all the way
2. The most important thing for a trader is the ability to adapt to changes in the market.
3. Qualification must be done well. Qualification of large cycles, weekly currency selection, monthly identification, daily tracking
4. Follow the established laws and use Bollinger or moving averages that you think are feasible to look at the market.
5. Ability cannot be taught, it all depends on technical proficiency, repeat successful experiences, and make making money a habit. Making money often is more important than making a lot of money.