"Six Iron Laws of the Currency Circle" is reorganized and adapted!

1. Only participate in the irreversible upward trend of the market

"Only participate in the irreversible upward trend of the market", the market is the fact, the market cannot be doubted, cannot be challenged, and the trend is irreversible. As an investor, you must dare to admit your mistakes, correct them at any time, reject uncertain market conditions, and do those market conditions that the dealers must also follow. You must know how to go with the flow.

2. Refuse frequent transactions

The casino is open 24 hours a day, so there is no need to open orders frequently. There are many logics such as timing, trial and error, and position control. What we advocate is to wait for the perfect opportunity like a hunter, rather than investing randomly when you see the prey.

3. Don't be superstitious about technical indicators

First of all, we must admit that any technical indicator has its lag.

For example, when the MACD indicator sends a golden cross buy signal, in fact, the currency has already risen for a wave, and when the golden cross appears, it is very likely that you are the receiver!

4. Forget the cost price when buying

When you start shorting or going long, his cost price has nothing to do with any subsequent operations, because whether to sell depends on the market trend and has nothing to do with whether you are still profitable now. If the pattern is good, continue to hold, and if the pattern is bad, reduce the position or even clear the position.

5. Participate with funds you can afford to lose

Investing with spare money in cryptocurrency is risky. Investors can increase their investment after mastering the tricks of making profits in the game. Before that, you must participate with funds you can afford to lose. Borrowing money often leads to bad losses!

6. Withdraw money on time if you make a profit

Without withdrawal, everything is a number. Investors in the cryptocurrency circle are like gamblers who have not walked out of the casino. Even if they make a lot of money temporarily, they are not considered winners. Only when you withdraw cash from the market and get out can you say that you have the last laugh. In the cryptocurrency circle, it is a good habit to withdraw money on time.