1. If you also want to make a beautiful comeback in cryptocurrency trading, then listen carefully, I hope it can bring you some inspiration.
1. If the price of the currency is rising steadily, then the callback is a short break, and it is a good time for us to get on the bus. There is no currency that keeps flying. The callback is like a spring accumulating power, and then it can jump higher.
2. If the price of the currency drops significantly, then the rebound is an opportunity to escape. Once the trend goes bad, it may take more than half a year to rise again. Don't bear it hard, and don't waste time.
3. For short-term ups and downs, look at the fundamentals, and for long-term ups and downs, you have to rely on fundamentals. Don't be blinded by the little sweetness in front of you, you have to look at the long term.
4. The bottom you guess is often not the real bottom, it may be halfway up the mountain. The real bottom depends on emotions and funds. Don't blindly buy the bottom. You will be trapped nine times out of ten.
5. Don't always think about making money from good news. The real market is all about expectations. Many retail investors like to listen to news and speculate in cryptocurrencies, but most of the time, what you hear is what others have heard. Even if it is true news, by the time you know it, the market will be over.
6. Don't add leverage easily, it will not increase your chances of winning, but will increase the risk. Once you can't hold on, the loss will be huge.
7. You have to set a stop loss and take profit point for yourself. When it falls to a certain level, stop loss decisively; when it rises to a certain level, sell it. Don't chase the rise for too long. Many people still lose money in the bull market because they don't understand this truth.
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