I have been speculating in cryptocurrencies for 10 years and now support my family with it. I have summarized my hard-earned experience.
1 Once the rise begins, it will never end easily. Therefore, the big pullbacks in the early stage are all to clear the long leverage. Don't be afraid and keep a good attitude.
2 There are many pins in the bull market. If your position is not full, wait for a pullback. It is best to fill the value coin directly when the big cake falls by more than 20 points. Otherwise, fill the position directly at a high position. You will be given a shot at any time. Most people can't stand the pullback.
3. You must do a good job of position management. It is best to layout several key sectors. Because you have a full position in one sector, this sector will not move in the short term, and other sectors will rise all the way. This is the most uncomfortable. You will be trapped again once you chase it, and it will take off again in a few days after clearing the position. Many people have encountered it. So either don't buy it, or you must hold it firmly after buying it. You will always wait until your coin rotates. In the bull market, even the garbage coins will have five times or ten times.
4. The market always rises in disagreement. A bunch of people often scold opportunities, but when they are unanimously optimistic, it is a risk.
5. Don't always think about short-term high-selling and low-buying. Once you get off the train, you will find that you can't get back on. You can't make as much money as others who lie still after playing around in the short-term.
6. Every time the market pulls back, there will be a panic. Everyone says that the bull market has run away. The fact is that it will take at least three or four major pullbacks before the bull market may end.
So don't be afraid, you must have a pattern. As long as you can hold it, and it is not a junk coin, even the worst one can get five or ten times. After a round of bull market, it is nothing to eat twenty or thirty times the spot.
Cherish every opportunity to fall. If you don't know how to choose potential coins for layout, be my fan and escort your transaction
