Summary of experience in cryptocurrency trading: easily seize wealth opportunities
Eat the middle of the fish, leave the head and tail to others
Grasp the stable profits in the middle, don't be greedy and chase high, and don't blindly buy the bottom.
If you don't stop loss in cryptocurrency trading, you will definitely lose a lot of money
Set a stop loss line to avoid large losses and ensure the safety of funds.
Newbies look at prices, veterans look at volume, and masters look at trends
Different stages, different focus points, gradually improve your trading perspective.
Buy familiar coins without suffering, buy at the bottom and stay as still as a mountain
Choose familiar currencies and hold them patiently after buying at the bottom.
Buy by confidence, hold by patience, sell by determination
Confidence, patience and determination, all three are indispensable.
Opportunities come from falling, cash is king
When the market falls, only by holding cash can you seize the best buying opportunity.
Mindset first, strategy second, technology third in cryptocurrency trading
A good mentality and strategy are far more important than simple technical analysis.
The market is born in despair, develops in hesitation, and ends in madness
Understand market sentiment and seize investment opportunities at each stage
Greed is the rag of profit, greed and fear are the big taboos of investment
Control your greed and fear, stay calm and rational.
Long-term is gold, short-term is silver, and band operation is diamond
Choose the most appropriate operation strategy according to your trading style.
When others are afraid, we should be greedy; when others are greedy, we should be afraid
Thinking in reverse, seize the opportunity of market sentiment reversal.
Lucky and hesitation: Lucky increases risk, hesitation misses opportunities
Act decisively, avoid lucky mentality and excessive hesitation.
Don't fill up your warehouse easily in the downward trend, you can attack and defend
Maintain flexible position management to avoid full warehouse risk.
Frequent operation is easy to lose money, indecision slowly bleeds
Frequent operation increases costs, indecision leads to missed opportunities.
There is no absolutely accurate indicator, only those who know how to use it are useful
Learn to use technical indicators, but don't rely on them blindly.
These summaries of coin trading experience hope to help you invest in the coin circle with ease. Stay sober and operate rationally to be invincible in the market!
