Once you understand the truth of cryptocurrency trading, your life will be a great success! For real experts in the cryptocurrency circle, their skills may not be the best, but they must strictly abide by the iron rules.
1. Don't guess the top when it rises, and don't estimate the bottom when it falls
Many people are skeptical about whether Bitcoin can break through 150,000 US dollars in the future, because they have not seen the madness of the bull market. Think about it, Bitcoin rose to 68,000 US dollars at the beginning, and many people thought it was almost at the top. As a result, it fell back to 62,000, and before they could react, it plummeted to 56,000. This kind of ups and downs completely caught people off guard.
2. It is enough to move 1% at a time in buying and selling
When the funds are small, many people find it difficult to operate, but experts understand the essence of "a little bit more". Using only 1% of the account each time can not only control risks, but also flexibly seize opportunities.
3. Don't be afraid of highs, if you are afraid of highs, don't think about making money
It is indeed difficult to make money at high positions. When the main force pulls up a currency, the cost behind it is not low, and advertising, chips, and project development all cost money. If you want to make money at a high position, you have to rely on multiple increases to cover costs and make profits.
4. The bull market is coming, it is an opportunity to turn around
In the bull market, opportunities are hidden in the rapidly rising market. Even Buffett does not easily take action in the bear market, and only sticks to the areas he is familiar with. The bull market is a good opportunity for ordinary investors to turn around.
5. Technical indicators, just for reference, don't take it too seriously
Those technical indicators such as MACD and KDJ can help you see the trend, but they often lag behind the market. Experts will not rely entirely on these indicators, but rely more on experience and market intuition to make judgments.
6. Believe that you can win, this is a must
In the currency circle, confidence is the most important thing. Those successful big guys have climbed up from losses again and again, and no one is smooth sailing. If you don't even believe that you can make money, how can the funds be willing to enter your pocket?
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