There is a simple but effective cryptocurrency trading technique. If you can hold back and achieve unity of knowledge and action, the probability of stable profit is quite high.
The cryptocurrency market is an extremely risky market. Countless originally happy families have been broken up due to blind pursuit of huge profits. If investors want to go a long way on this road, they must solidly learn basic knowledge, news analysis and technical indicators.
Without in-depth research and reasonable planning, it will only lead to the exhaustion of funds and eventually leave the market. Although classic technical indicators such as MACD divergence, KDJ overbought and oversold, support and pressure do not guarantee profits, they can help you find the direction in investment.
There is only one way to make 1 million yuan from a few thousand U in the cryptocurrency circle - rolling positions.
Rolling positions are suitable for the following three situations:
Direction selection after long-term sideways trading,
Bottom-hunting after a sharp rise in the bull market,
And breaking through important support or resistance levels at the weekly level. Other opportunities should be abandoned.
Rolling positions include floating profit addition and bottom position + T. When adding to a position with floating profit, you need to ensure that the cost of holding the position is reduced before adding to the position, while the bottom position + T is divided into multiple positions, which can reduce costs and increase profits by selling high and buying low.
The key to success is to identify big opportunities and grasp them reasonably
