New friends in the cryptocurrency world! Want to make a big splash in the world of digital currency? Then I have to share some dry goods with you! Although I am an old bird in cryptocurrency trading, I was also a novice back then. Today, I will bring you a set of "Newbie Guide" so that you can be at ease in the cryptocurrency world!
1. Patience is gold, don't panic when the currency price seems to be stuck in one place. When the price of the currency seems to be stuck in one place, don't rush in. At this time, patience is your treasure. Because the good show is often behind, it is worth waiting!
2. Volume and price fly together, buy it!
If you see that the trading volume and price of a certain currency have broken through the previous level, and it can still stand there steadily afterwards, it is like seeing a green light, buy it quickly!
3. The leading currency fell? Here comes the opportunity!
The leading currency that everyone is scrambling for fell? Don't be afraid, this is a chance for you!
Grab it, maybe you will be the next one to double!
4. The gap is a symbol of strength
If the price of a certain currency suddenly jumps up and leaves a gap, then its power is very strong. If the price then pulls back but does not fall below the gap, then wait and see it continue to soar!
5. The price has reached the daily limit? Donât be jealous
Seeing that other peopleâs coins have reached the daily limit? Donât be jealous, it may be the main forceâs game, donât be fooled easily!
6. Hold on to your coins in a bull market, don't let go
When the bull market comes, hold on to your coins like a life-saving straw! Don't let go easily, otherwise you may miss a big wave of market conditions!
7. The top is not sharp, there is at least a double top
Don't rush to sell when you see the price rises high. The real top will not be so sharp, there will be at least a double top. Remember this, and you won't sell too early!
8. MACD drops to the 0 axis, and the buying point appears
The MACD indicator is magical. When its DIF line drops to the vicinity of the 0 axis but does not break, that is the buying point! Remember this formula, and the operation will be easier!
9. 120-day line "upward, buy on dips
If you see that the 120-day line of a certain coin is in a bullish arrangement and the trend is upward, don't hesitate, buy on dips! The accuracy rate is very high!
10. Continuous small positive lines °, the main force is in action
If a certain coin has continuous small positive lines, it is like seeing the main force's secret signal. They are quietly collecting chips! At this time, you have to pay more attention!
