The key to cryptocurrency trading is timing, when to enter the market and when to leave the market.

The core skills can be summarized in two sentences: "Losses should be small, profits should be magnified." The meaning is very simple. If you find that the market is not right, stop loss immediately to minimize the loss; once there is profit, be patient and don't rush to exit the market, so that small profits can slowly turn into big gains.

The first task of choosing a buying point is to choose a reasonable stop loss point, which is usually based on three aspects: value analysis, technical analysis and market cycle. Some people only study the value of the project and ignore the market trend; while most traders rely on technical analysis to judge the trend through changes in price and trading volume. The best strategy is to combine value and technical analysis, first find potential tokens, and then enter the market and stop loss in time according to the trend.

The operation of big investors in the market is actually very simple: when they want to buy, they either do it quietly and unnoticeably; or deliberately create panic and trigger retail investors to sell. After the price gradually rises, they will gradually ship.

The choice of selling point is divided into two parts: how to stop profit and how to sell with profit. It is difficult to catch the top and bottom, so we should learn how to capture the 70% fluctuation in the middle. Don't always try to find the highest point of the token, because you never know where it can rise. Selling is more difficult than buying. When you lose money, you want to get your money back, and when you make money, you are greedy and want to make more. This psychological struggle often puts novices in trouble. The mentality of not making money and not selling is not desirable. Successful traders know that they must be disciplined, decisively stop profit when it is time to stop profit, and do not hesitate when it is time to stop loss.

If you are confused about trading now and don't know the direction, you can follow me and leave a "1" in the comment to help you embark on the road to wealth.