Ten tips for cryptocurrency trading
1. If your capital is not very large, for example, within 200,000, it is enough to catch the main rising wave market once a year. Don't be full all the time.
2. A person can never earn wealth beyond cognition. First, practice your true mentality and courage through simulation trading. The simulation trading can fail infinitely, but if you fail once in real operation, it may be all you have, and you may even stay away from the market from then on.
3. If you encounter major positive news and do not ship on the same day, remember to sell at a high opening the next day. The realization of positive news is often negative news.
4. When encountering major holidays, reduce your position or even go short a week in advance. According to past experience, holidays will inevitably fall.
5. The medium and long-term strategy is to keep enough cash in hand, pull up the shipment, sell at a loss, and buy back. Rolling operation is the best strategy.
6. Short-term trading mainly depends on trading volume and graphics. Do it when the graphics are active with ups and downs, and don't touch it when it is inactive.
7. If the decline tends to be slow, the rebound will also be very slow; if the decline accelerates, the rebound will also be very fast.
8. If you buy wrong, you must admit it, stop loss in time, and keep the principal, which is the fundamental for survival in the market.
9. You must look at the 15-minute K-line chart for short-term trading. You can find better buying and selling points based on the KDJ indicator.
10. There are thousands of techniques and methods for trading coins. You only need to master and master a few of them. Don't be greedy.