If you plan to trade cryptocurrencies for a living, these eight iron rules are worth pondering repeatedly. I have been in the crypto space for 10 years. These eight iron rules are a must-read before entering the market each day, allowing me to avoid severe losses in cycles of downturns. Today, I share them with friends who are destined to read this, hoping it will inspire you.

1. When entering the market, do not only look at the "K-line" trends of cryptocurrencies, especially for short-term trading, where you also need to observe the 30-minute K-line. At the same time, the overall market should stabilize and resonate before making a move. For instance, sometimes you may see a candlestick with a long upper shadow and feel there's no opportunity, but the next day it may soar or even hit the limit up. In fact, looking at the 30-minute K-line reveals the subtleties.

2. If the trend and order are not right, just taking one more glance is a mistake. You must go with the trend, and you cannot disrupt the order of the upward movement.

3. If short-term trading is not in hot or potential hot spots, it’s better not to trade at all.

4. Abandon all impulsive entries. Trade your plan, and plan your trade.

5. Anyone's perspective or opinion is merely a reference. You should have your own careful consideration and analysis.

6. First, lock in the direction, and then selectively choose coins. If the direction is right, you will achieve twice the result with half the effort; if the direction is wrong, you will achieve half the result with twice the effort.

7. Engage with coins that are currently on the rise. Trying to guess the bottom is a big taboo; you always feel that a rebound is imminent, followed by an ultimate shakeout. Stock prices always move towards areas of low resistance; choosing to enter coins that are in the upward trend means selecting a direction with lower resistance.

8. After significant gains and losses, you should clear your position and reevaluate the market and yourself. Understand the reasons for the significant gains or losses, and it won't be too late to act again.

Throughout my years in cryptocurrency trading, I found that after significant gains and losses, clearing the position has a success rate of over 90%.

A new week, the real account 95000 short has already been cashed out!
Currently running in the range of 95800-93000; the support level at 94300 below the range is a key point that needs to be focused on;
　　In the 2-4 hour timeframe, the support levels below are 93200 and 91000; resistance levels are near 95800 and 96500; the stochastic indicator is temporarily showing a bearish divergence dead cross and is running downwards; be cautious of a sell-off correction pullback;

Overall, 93000/3200 can be used for low long positions #比特币价格走势分析

The weekend volatility is not big, I got out with more than 1,000 points, and I will find another opportunity to enter. What are you waiting for? #比特币价格走势分析

1.12 afternoon big cake market analysis!

Good afternoon, brothers, there was no big fluctuation last night, and the big cake should pay attention to the position of 9.6w. Only a strong breakthrough will continue to move up and move out of the rising market! There is probably no big fluctuation during the day today, and there should be a market at night. When there is no market, take a good rest and have fun. Don’t fantasize about the market. People who want everything will get nothing in the end!

Pay attention to the position of 94430 for big cake today. As long as the 1-2-4 hour level stands above this position, the market will still go up. Pay attention to the upper target/pressure level near 95245-96050-97210! If the 4-hour level falls below 94430 today and cannot go up, then this wave of rebound will end and the market will go down again. Pay attention to the support level below 93550-92685-91840!

Looking back at the results of the judgments and facts of the previous two days, the stability of 92,000 was clarified yesterday, and it was determined to be a strong support point. After the strange 13 consecutive positive steps climbed to 95,000-96,000, they also followed the script to do a pullback test, and then went up.

There is a similar bottoming at the hourly level, and the daily level has entered the super 📉, with pins and smashes to shock retail investors, and it looks like the profit 🈳 has been exhausted and things are getting better. Most people are looking at the head and shoulders top at the daily level, and they are still chasing without thinking. The car is too heavy and can't go down for a while, and it needs to be induced.

Short-term pressure is 96270-97310, and the support points are 93600, 92010, and 90990. My bottoming is still being configured. In the short term, buying on dips is cost-effective. I look forward to a good performance next week, and the script continues

Non-farm payroll data released on Friday, the market quickly plummeted, Asian session saw a step-like rise, the US session closed with a bearish candle, pulling back more than half of the intraday gains. Bulls and bears are engaged in back-and-forth battles, and in the early morning, the price rebounded again, testing above 95000 but failed to stabilize. Currently, the coin price is slowly moving down. The weekend market is mainly fluctuating within a range, reference points around 93400 for support, or around 95000 as resistance, with space looking at 800/1500 points.

Non-agricultural earnings, this wave of needles is dead again

Many people expect it to continue to decline, it is best to wait and see, and then look at the US

Stock opening, the most feared is that the market makers will eat it back and forth!

The non-agricultural data was negative, and the price of Bitcoin directly returned from 95000 to around 92700. It was affected by the news and suppressed by the 4-hour middle track. Although this wave of retracement fell below the 1-hour middle track support, it quickly recovered the lost ground and returned to the middle track again. The US stock market opened low, and it is expected to rebound slightly first, and then retreat again!
Therefore, the upper side of the market will focus on 94800-95300, and the daily middle track of 96000 will be broken through the previous high!
The lower side will focus on 931-927-921. If it falls below 92000, it will continue to look at the previous low of 91000!

Friday's plunge was inevitable. It took 3 hours to slide down the waterfall. It won more than 1,000 points again.

1.10 Friday night trend analysis of big cake

The current trend is bulldozing upward, continue to look at the second target of 96000!

Evening operation suggestions:
Short-term retracement directly, target 96000, defense 93000, and the concubine and big cake can be synchronized.

Safety first, remember that the market is not 100%, so you must have a good defense, safety first, small losses and big profits are the goal!

Small method to get out of the trap
First: According to the position in hand
1. If you are a coin friend with a shallow order, you can use the rebound market to get out of the trap, or reduce your position when the price is high.
2. If you are a coin friend with a deep order, you can make a partial position operation at a high price or make up for the position to lower the average price, so that you can take the psychological initiative before the market comes.
Second: According to the trend status of the purchased currency
1. If the purchased currency is in a downward trend, once the downward trend is confirmed and the trend has been formed, it is recommended to stop loss immediately, and you must not have illusions of gain and loss. Because sometimes any hesitation and hesitation may lead to deep traps in the future, and finally make it difficult to extricate yourself.
2. If the purchased currency is in a balanced oscillation trend, there is no need to stop loss immediately. Wait patiently for the currency to enter the high position of the oscillation cycle. Once the trap is untied or the loss is small, you should decisively leave the market.
3. If the purchased currency is in an upward trend, there is no need to stop loss. Patiently hold it for a period of time, it will inevitably be untied and there will be a greater possibility of profit.

Friday afternoon, the bulls are warming up, maintaining a low position unchanged.

After a continuous decline in the market recently, today the early session began to gradually warm up. We can see that after hitting the bottom at around 91,200 in the early morning, the bulls have been rising slowly. As of now, there has been a rise of 3,000 points. In the morning, the second signal to go long was given, and I believe many of you should have caught on by now?

Currently, the rhythm of oscillating upwards continues, and there is no sign of a pullback. In the short term, this oscillating trend is expected to continue. As I've said before, we should maintain a long position until we reach resistance above.

In the afternoon, Bitcoin retraced to the 94,000 area, with a target to focus on around 96,000. If it breaks through, we look upward; if it doesn't break, we can short.

Several Methods for Swing Trading in the Cryptocurrency Market
1. Not paying attention to capital management, not controlling positions well

Swing trading is not the investment method that makes the most money; rather, in times of market tension, capital can increase. The previous statement emphasizes light position trading; positions should not be heavy, and going all-in is even less advisable. It is recommended for beginners to practice with 1/10 of their position, and after becoming familiar, gradually increase the position, but not exceeding 1/2. Many people start to take heavy positions when they see their profits are minimal, but relatively speaking, there is not much difference. The things you bear between heavy and light positions are different, but the returns are not significantly different, which is not worth it.

2. Waiting for pullback opportunities

Currently, the cryptocurrency market is a bidirectional market, so compared to other investment markets, the volatility of the cryptocurrency market is larger. Positive news, key position breakthroughs, large transfers, etc., will all become forces driving price changes. Therefore, trading in cryptocurrencies requires greater speed. Sometimes when talking about pullbacks, it is because the market is still in a range, but at other times a pullback signifies the end of a wave, at which point one must be vigilant and see clearly.
3. Frequent trading under the T+0 mechanism

T+0 allows investors to trade all day long, leading to many more opportunities for entry. However, the downside of this trading mechanism is that it increases trading volume and market volatility. In this case, emotional factors can also be amplified. When multiple operations do not go well, it is easy to develop a rebellious sentiment, similar to women shopping late at night or buying excessively after a breakup.

Swing trading is the most suitable trading method for the current market. For those investors who are waiting on the sidelines, it is also a very effective way to pass the time until the bull market arrives. After all, both bulls and bears must be experienced to be considered complete. Isn’t “roundness” a concept highly valued in China?

In conclusion, swing trading is a short-term trading method focused on profit. Trade cautiously and don’t be too reckless. For detailed discussions, please add the author!

First of all, contracts are like gambling! There is no technology to speak of. If you can't manipulate the market in front of capital, you are just a leek! All contract traders*, short-term traders either have large funds and low leverage*. Or you have small funds and high leverage. According to the platform data and the funds that lead to liquidation due to market fluctuations, most people have small funds and high leverage. Because most people want to make a small profit with a big investment.

Then, the following practical experience is shared by traders who do short-term contracts* and high leverage

1. Contracts can only be traded in waves. After being trapped in the long-term, the mentality can't stand it, and you will eventually sell at the edge of liquidation because you don't have enough margin*.

2. Don't be greedy for short-term long-term trading. Even if you do the right trend, if the margin is insufficient, the price fluctuation will make you collapse or sell at a loss. The wave band only seeks 5% profit. 3. You can do nothing if you can stably guarantee a 5% return on each transaction

4. If you earn 5% every day, 150% per month, time + compound interest = super rich5. Learn to short positions* and wait for opportunities, rather than being stuck and waiting for a release or reversal

6. Think more about whether you are more likely to miss opportunities or be stuck

The trend has been a weak decline, and the retracement is a chance to buy more. The intraday 3,000-point decline eventually supported the 91,500 position. It is difficult to break below this point!

At present, Niu Gongzi suggests that now is a good opportunity to buy the bottom. From the 4H line, we can see that this needle has been closed, giving a rebound signal!

It is recommended to buy more directly at 92,000, guard against 91,500, and the target is 93,000-95,000! #比特币价格走势分析

Isn't this another order!!
With iron powder pancake continuing to easily take down over 1600 points
The opportunity is given to Zhang with a big mouth to eat it all up!! #比特币价格走势分析

As a newcomer to the cryptocurrency world, we need to pay attention to a few points:

1. First ensure the probability of success before considering the frequency of action; pursue quality before quantity. In short-term trading, take it step by step, with the principle of avoiding significant losses.

2. Be content when making money, and be rational when losing money. Trading cryptocurrencies is essentially the art of regret; we should not set our expectations too high.

3. Practice leads to true knowledge. If there are experts to guide you, seek their advice for faster progress.

If we can achieve the above three points, then at least as an investor, we will not lose our way in the cryptocurrency world.

Trading Principles

There is a very important principle in trading: do not make small profits, do not incur large losses.

In just 8 simple words, it is actually very difficult to achieve. For example:

You open a position with 20,000, and as soon as you do, it rises to 21,000. You are very happy, take your profit, and make a 5% gain. But then the market continues to rise to 25,000... you made 5%, but missed out on 50%;

Then you tell yourself to make big money, and this time you resolutely do not take profits. The market returns to 20,000, and you open another position, and again it rises to 21,000. You remind yourself to learn from the last lesson and hold on to make big money, but the market then falls back to 20,000 and even drops below to 19,500, and you end up stopping losses.

It's so hard for me!

Many people spend their whole lives caught in this dilemma, unable to escape.

Is there a way to make money in both big and small markets? No, you have to choose one. I generally choose not to make small profits. What I say here I cannot do 100%, and no one can do it perfectly, but I can tell you the correct philosophy. How much you can achieve depends on personal cultivation; each of us can only reach a certain proportion of these ideas, and we should try our best to improve this proportion.

Welfare real-time empty pill, more than 1300 points have been given, it has reached the previous low of 92500, the pockets are pocketed, the halving is halved. If you don’t have a direction, you can do it.

Technically, the Bitcoin daily line closed negative again, and the price of the currency quickly rebounded after hitting the lower Bollinger track. In the morning, the price of the currency rebounded to above 95,000 and continued downward again. The Bollinger band opened slightly, and KDK and MACD showed signs of a dead cross. The overall trend of the daily line was bearish, and only the closing line was suspected of bottoming out!
In the four-hour view, the Bollinger band opened sharply, and the currency price ran near the lower track, but the currency price rebounded quickly after breaking through the lower track. In the morning, the yin and yang switched, and KDJ turned upward to form a golden cross. The volume of MACD was also beginning to slow down. In the four-hour view, the currency price was suspected of bottoming out. Don't blindly chase the shorts#币安Alpha上新 #市场调整策略