Smart strategies in the cryptocurrency circle:

(1) Locking and adding positions to spreads: When positions are trapped, it means that our judgment is contrary to the market trend. At this time, we need to patiently wait for the market to rebound or fall to a certain key point and predict the arrival of a short-term high. The key is to ensure that the locked positions exceed the trapped positions by continuously adding positions to lock positions. The core of this strategy is to follow the trend and use market fluctuations to earn spreads. When the total funds make up for the losses and generate profits, sell all decisively to achieve unwinding and profit.

(2) Bottom-up method: When positions are trapped, patience and courage are the key. Due to the characteristics of the cryptocurrency market, when large-cycle K-lines such as weekly lines show clear bottom signals or rebound signals, these signals are often extremely stable. Once the large-cycle bottom signal is confirmed, it is a good opportunity to boldly unwind. When the price is low, buy more on dips and gradually increase the position. Once the market ushered in a large-cycle rebound, you can successfully unwind.

(3) Average price reduction method: If the position is trapped near the historical low, there is no need to worry too much. Because the intrinsic value of cryptocurrencies determines that their prices will not fall sharply, there is always room for rebound. At this time, you should buy more on dips, and increase your position every time the price drops by 15% to reduce the average holding cost. Once the market rebounds, you can easily get out of the position and make a profit. This strategy is also vividly called the "pyramid method".

(4) Decisive stop loss method: When you clearly judge that your position direction is contrary to the market trend and feel that the chances are slim, you should decisively choose to stop loss. The cryptocurrency market fluctuates greatly, especially when holding reverse positions at high or low levels. Once the market trend is contrary to expectations, you should stop loss quickly to avoid further losses. Stop loss is one of the most effective strategies for getting out of the position, because it ensures the safety of your principal and gives you the opportunity to readjust your strategy and fight the market again. #比特币行情 $BTC $BTC #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #Mt.Gox将启动偿还计划 #币安合约锦标赛 #以太坊ETF批准预期