Coin Trading Guide: The Secret to Turning Over a Small Capital
Want to make tens of millions from a few thousand in coin trading? It's not easy, but there is a chance. Come, I'll give you a few tips, but remember, you have to be careful when trading coins, learn it well before you start!
1. Follow the trend and find opportunities
Popular coins have fallen for nine consecutive days? It may be that the market is adjusting. At this time, you have to keep an eye on it and find opportunities to buy. On the other hand, the coin has risen for two consecutive days? Be steady, reduce your position, and prevent a callback.
2. Look at the increase and operate steadily
The coin has soared by more than 7% one day? Don't rush to sell, there may be more to rise. But don't be greedy, steady investment is the kingly way.
3. Wait for a callback before getting on board
Don't rush to chase the big bull coin, wait for the callback to stabilize before buying, low risk, good price.
4. Large fluctuations, timely withdrawal
The coin has not moved for a few days? Consider changing positions. The coin you bought doesn't make money the next day? Stop loss decisively, don't hesitate.
5. The formula helps you find the selling point
There is a formula for currency speculation: "Two days of increase, five days of observation, and seven more". If it rises for two consecutive days, buy at a low point, and the fifth day may be a selling point, but it depends on the market situation.
6. Trading volume, look at the wind direction
Trading volume is very important. The price of the currency breaks through the low position with large volume? It may rise. The high position does not move with large volume? It may need to pull back. At this time, you have to sell it quickly.
7. Follow the trend and hold it for a long time
Coin speculation must follow the trend. Only the currency with an upward trend is worth looking at. For the short term, look at the three-day line, for the medium term, look at the thirty-day line, and for the long term, look at the one hundred and twenty-day line. The line head is facing up, which is a signal to buy or hold.
If you want to dig deep in the currency circle but can't find a clue, and want to quickly get started to understand the information gap, click on the avatar to follow me and get first-hand information and in-depth analysis!
