Six practical experiences, though brief yet precise!
1. When trading cryptocurrencies, focus on the strong ones. If unsure, look at the 60-day moving average; buy or add when it's above the line and withdraw when it's below. This tactic works most of the time.
2. If something suddenly rises over 50%, don't rush to chase it; it can easily cause anxiety. It's safer to enter at lower positions, with less risk and potentially greater profits.
3. There are always signals before a big surge, such as minor price fluctuations of 10% to 20% with low trading volume. During this time, slowly buy at lower positions, and you’re likely to catch the wave.
4. When a new market hotspot emerges, it’s sure to be hot in the first few days. Seize this opportunity, follow the big funds, and make money easily.
5. When a bear market arrives, keep your hands off; don't make any moves for at least six months. In a poor market, minimize operations; knowing when to rest is a sign of a skilled trader.
6. Take a look back every week; it’s not about whether you made a profit, but whether your strategy is correct. Stick to it if it is right, and change it if it’s wrong. After a few months, your trading approach will become stable.
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