Ten laws for trading in the cryptocurrency circle, it is recommended to collect them

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Any opinions expressed below are the personal opinions of the author and should not be used as the basis for investment decisions.

Ten laws for trading in the cryptocurrency circle, it is recommended to collect them! !

1. **Rapid rise and slow fall means accumulating chips**:

- Rapid rise but slow fall means that the dealer is accumulating chips and preparing for the next round of rise.

2. **Fast fall and slow rise means shipping**:

- Rapid fall but slow rise means that the dealer is gradually selling and the market is about to enter a downward cycle.

3. **Don't sell at the top if there is a large volume, run quickly at the top if there is no volume**:

- If the top volume is large, it may continue to rise; but if the top volume shrinks, it means that the upward momentum is insufficient, leave the market as soon as possible.

4. **Don't buy when the volume increases at the bottom, but you can buy when the volume continues to increase**:

- The volume at the bottom may be a relay of decline, which needs to be observed; the continuous volume indicates that funds are constantly entering, so you can consider buying.

5. **Coin speculation is speculation on emotions, and consensus is trading volume**:

- Market sentiment determines the fluctuation of currency prices, and trading volume reflects market consensus and investor behavior.

6. **There are only people who buy bullish coins, but no bullish coins**:

- Buying high-quality coins in a bull market, rather than relying on the recommendations of "bullish people", has a higher winning rate.

7. **Looking at the news in reverse, the top positive is shipping**:

- When there is good news at the top, the dealer may take the opportunity to ship, which is actually the time to sell.

8. **The bottom negative is positive, and the main force buys again when the currency price rises**:

- When there is bad news at the bottom, the dealer may take the opportunity to wash the market, which is actually a buying opportunity.

9. **Increase the position of rising coins and reduce the position of falling coins**:

- Funds are concentrated on strong coins, avoid holding weak coins, and operate with the trend.

10. **If you succeed once, you will succeed the second time and the third time. In the long run, only in this way can you win steadily! **:

- Successful trading strategies and mentality can be copied. Only by maintaining discipline and execution can you make stable profits in the long run.

These laws summarize some common rules and strategies in cryptocurrency trading. I hope they can help you better cope with market fluctuations and make smarter investment decisions.

P.S The picture was taken in Germany🇩🇪 Follow the author to get more exciting content