A must-read for cryptocurrency trading! 10 tips to help you break through 1 million
Grasp the main rising wave: If the funds are small (such as less than 200,000), it is enough to seize the main rising wave market once a year, and do not operate with full positions frequently.
Practice your mentality through simulation trading first: Practice your real mentality through simulation trading to avoid big losses caused by one failure.
Significant positive news should be shipped quickly: Don’t sell on the day of good news, and be sure to sell when it opens high the next day. The realization of good news usually brings negative news.
Reduce positions and go short during holidays: Reduce positions or go short a week before holidays. Historically, the market has generally fallen during holidays.
Medium and long-term operations: Keep enough cash, pull up and ship, sell at a loss and then buy back. Rolling operations are better strategies.
Short-term trading depends on trading volume and graphics: Short-term trading depends on trading volume and graphics, and active markets with large fluctuations are suitable for doing it.
Fall and rebound speed: The rebound is slow when the decline is slow, and the rebound is fast when the decline accelerates.
Stop loss in time to protect the principal: Admit the mistake when buying wrong, stop loss in time, and protect the principal to survive in the market.
Look at the short-term 15-minute candlestick chart: When operating in the short term, pay attention to the 15-minute candlestick chart and choose the buying and selling opportunities in combination with the KDJ indicator.
Master a few techniques: There are many techniques for trading coins, but as long as you master a few methods, it is enough. Don't be greedy.