Ten-year veteran investors have summarized eight key points for trading cryptocurrencies;
1. Remember not to sell when the price of a coin starts to rise,
and not to buy when the price of a coin starts to fall.
2. Remember that the longer a strong coin is sideways,
the higher the future increase may be.
This requires distinguishing whether the price of a coin is low or high.
3. If the increase of a coin has doubled within a week when you open the weekly chart,
then it is best to exclude this coin.
4. Remember that the most important thing in the currency circle is:
patience and waiting.
5. If a coin has good news or is continuously reported by major media,
then it is best not to buy this coin.
6. Buy when the price of a coin suddenly rises and then falls sharply,
not at a high price.
7. If the currency continues to rise but the trading volume decreases, you should sell it.
If a coin continues to fall but the trading volume decreases, you should also sell it.
8. Try to reduce the time you spend watching the market and read more current news.
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