Here are ten important points to remember: Let you easily earn one million! Worth collecting if you really want to make money in the crypto world.
1. Don't be greedy or anxious: The crypto world requires rationality and patience. Greed will only make you impulsive and miss good opportunities.
2. Understand market structure: Don't just rely on 'big players supporting the market'; the market is influenced by many factors, including the global economy, policy changes, and technological innovations. Never place your hopes on a single idea.
3. Big players have their difficulties: Understand the operational challenges and strategies of big players, but don't be led by them. The market is complex, and the intentions of big players are not always obvious or smooth.
4. Pay attention to volume at the bottom: Increased volume at the bottom may signal funds entering the market, but don't blindly trust it; consider other factors to avoid false breakouts.
5. Patiently deal with shakeouts: Shakeouts are common operations aimed at shaking off weak investors. Stay calm and wait patiently for the market trend to clarify before taking action.
6. Mid-term strategy and position management: Focus on holding promising cryptocurrencies while maintaining some liquidity, using rolling operations to optimize costs and returns.
7. Short-term trading skills: Short-term trading requires sharp market awareness and quick decision-making. Candlestick charts, market sentiment, popularity, and upward speed are all important.
8. Safety of buying at the bottom: Cryptocurrencies in the bottom formation stage are relatively safe, but confirming the bottom requires time and more supporting signals; don’t rush for results.
9. Be cautious when chasing prices: Chasing prices may bring quick profits, but the risks are equally high. Accurately assess the sustainability of the upward trend to avoid buying at high levels.
10. Application of technical indicators: Divergence is one of the keys to technical analysis and can help predict market reversal points. However, it should be combined with other analytical methods and actual situations to avoid single judgments.
