In the cryptocurrency market, here are 5 valuable experiences:

1⃣️ Focus on trading those currencies that are strong. If you are not sure how to judge, you can use the 60-day moving average as the dividing line between the strength and weakness of the currency. When the currency price is stable above the 60-day moving average, you can consider entering the market or increasing your holdings; once it falls below, you should consider exiting. Follow this principle and it applies to most investment targets.

2⃣️ Be cautious about currencies that have risen by more than 50% in a row. Too high an increase may make it difficult for you to hold it, but instead cause unnecessary anxiety. In contrast, choosing to enter the market at a low level is usually less risky, more cost-effective, and has greater room for growth.

3⃣️ Before the main rising wave is formed, the market usually has a period of shrinking fluctuations with a range of -10% to 20%. When the currency price is at a relatively low level, you can actively participate in batches, and it is likely to usher in a round of rising prices.

4⃣️ When new concepts or tracks appear in the market, there is usually 3 to 5 days of room for growth. Grasping this rule, you can easily take advantage of the short-term trend of the market to make profits.

5⃣️When the bear market comes, keep short positions for at least half a year. When the market is not good, reduce the frequency of operations. Knowing when to buy is the basis, knowing when to sell is advanced, and knowing when to rest reflects the highest level.