Eight key phrases in the cryptocurrency world; a must-watch for trading! The simplest way to make money in trading is like drinking water once you realize it!
One, to avoid being trapped, seek to break even; hoping for profit is greed. In trading, there will always be a few coins that get trapped. At this time, remember not to fantasize.
Turn losses into profits; seeking quick gains will only trap you deeper. Honestly add to your position to preserve your capital, allowing for steady growth.
A calm surface may hide a great wave behind it. While the market appears tranquil on the surface, there are actually undercurrents. Do not be misled by small price increases.
Do not be deceived; stay alert and be wary of the upcoming major fluctuations.
After a big rise, there must be a correction; the candlesticks over several days draw a triangle. When the price soars, do not get overly excited, because after this, there will surely be a pullback.
Adjustment. Look at that candlestick; isn’t it the equilateral triangle outlined over many days?
Four, buy on dips not on peaks, sell on peaks not on dips; going against the market makes one a hero.#加密市场反弹 
Buy when the price is declining and sell when the price is rising.
Only by following the path can one achieve extraordinary success.
Five, do not sell when prices rise, do not buy when prices drop, and do not trade in a sideways market. When prices are rising, do not rush to sell; when they are dropping, do not rush to buy.
During a sideways market, it’s even more important to hold back and observe changes.
Six, look at support levels in an upward trend and resistance levels in a downward trend. When the price is rising, pay attention to support levels to prevent a pullback. When the price is falling
When the price is rising, pay attention to resistance levels to get in at the bottom.
Seven, operating with a full position is a major taboo; acting stubbornly is not advisable. One must know when to stop amidst constant changes.
Move in and out freely while observing the situation. Do not operate with a full position; avoid risking everything.
A single throw. The market is unpredictable; one must learn to take profits at the right time and move in and out freely. Observe changes to grasp the best opportunities.
Eight, trading is about mindset; greed and fear are detrimental. Be cautious when chasing highs and lows, and keep a calm and peaceful state of mind. In trading, mindset is crucial.
Greed and fear are our greatest enemies; avoid chasing highs and selling lows, and maintain a calm mindset.
If a coin rises rapidly but falls slowly, it’s very likely that someone is quietly accumulating chips, preparing for another wave of rise.
momentum. It’s like buying something; prices rise quickly but fall slowly, indicating that someone wants to buy more.
Conversely, if a coin drops quickly but rises slowly, it may indicate someone is secretly offloading, and the market may head down.
a downhill trend. It’s like selling something; prices drop quickly but rise slowly, indicating someone is eager to sell.
When a coin rises to its peak and the trading volume is still particularly high, don’t rush to sell; it might go up for a while longer. But if the trading volume decreases
If that's the case, then we must quickly withdraw, because the upward momentum may be insufficient.
If a coin drops to its lowest point and the trading volume suddenly increases, don’t rush to buy; it might drop further. But if the trading volume remains
If it's quite large, it indicates that someone has been continuously buying, and it might be worth considering to get in.
Fried, but what is actually being fried is everyone's emotions; public opinion is the trading volume of the market. If everyone is optimistic, the price rises; if everyone is pessimistic
and the price will fall. Trading volume reflects everyone's buying and selling behavior.
In fact, everyone understands these principles, but the key is to control one’s hands and mindset. Therefore, in trading, one must learn to avoid
dangerous; listen to advice. When the market doesn’t look good, seek opinions; don’t blindly speculate.