Once you understand the truth of cryptocurrency trading, your life will be like a cheat! In the cryptocurrency circle, the real masters are not the most dazzling in technology, the key is to strictly abide by the iron market rules:
1. Don't guess the top when it goes up, and don't estimate the bottom when it goes down. Some people don't believe that Bitcoin can soar to 150,000 US dollars, because the crazy momentum of the bull market has not yet arrived. For example, 68,000, you think it is the bottom, but it fell to 62,000, and in the blink of an eye, it was 56,000.
1. For buying and selling, it is best to move 1% at a time. Why do you feel difficult when you have less funds? Experts add little by little, the cost of trial and error is low, and there are naturally more opportunities.
2. Don't be afraid of high prices, because it is difficult to make money if you are afraid of high prices. Think about it, the cost of the main force to pull a coin is not a small amount. Advertising, chips, development, which one does not cost a lot of money? They have to make several times or dozens of times before they are willing to let go.
3. In the bull market, it depends on it to turn over. Even Buffett had to admit defeat when he encountered a bear market, so he stayed in Omaha and held on to the US stock market.
4. Technical indicators, just look at them, don't take them seriously. They are always half a beat slower, and they say the rise is good only when it rises. At that time, it has risen to the sky, so will you still chase it? Just like MACD, the golden cross just appeared, and it turned its face and refused to recognize it the next day.
5. Believe that you can win, this is a must. Which big boss didn't crawl out of losing money? But he has never been knocked down. If you don't even believe that you can make money, how can the money run into your pocket?