If you are new to the cryptocurrency world and don’t know anything, then memorize these trading tips first. Believe me, they can help you save a lot of “IQ tax”:
Buy horizontal and pit instead of vertical, the selling point is in the boiling point
Buy at the bottom when the market is sideways, and don’t chase highs when the market is surging vertically; but when the market is booming and the price is reaching the top, sell quickly.Continuous small increases are real increases, continuous large increases mean you need to leave the market
A steady rise of a little bit is a real market trend, while a sharp rise of several points is most likely a counterattack.A sharp rise will lead to a pullback. Don’t dig a deep hole and buy more
There is a high probability that there will be adjustments after a surge, and a deep pit is an opportunity to lose money!A strong upward acceleration needs to see a peak; sell quickly on a sharp drop and sell slowly on a gradual rise.
Rising too quickly is not a good thing; if it drops too quickly, don’t hold on waiting for a miracle; running fast is the real skill.A sudden drop without volume is a scare tactic; a slow drop with volume means it's time to withdraw quickly.
Don’t be afraid of a scare tactic drop without volume; if it’s a drop with volume, don’t hesitate, just withdraw!When the price breaks through the life line, don’t hesitate to make a swing trade.
Once it breaks the key support level, go boldly; after all, if you don’t catch this swing trade, it’s a missed opportunity.Pay close attention to daily and monthly charts, and build your positions alongside the major players.
Wherever the major players run, smart investors should follow.If the price of the coin is rising without volume, don’t stand guard; it’s a trap set by the major players.
A price increase without volume is basically a setup; don’t foolishly rush in.A new low with reduced volume is a sign of a bottom; an increase in volume during recovery is the time to enter.
A new low with reduced volume is often a signal to buy the dip; an increase in volume during recovery is a good time to enter.
Remember these phrases, apply them flexibly in practice, and even novice investors can grow into big players!
Technical Analysis: Use some 'techniques' to avoid getting lost in the crypto world.
Investment has three levels: Dao, Fa, Shu.
Dao: Your investment belief, like 'I believe BTC will reach a million dollars!'
Fa: Your operational rules, like having the habit of taking profit and stopping loss.
Shu: Using some technical indicators; relying solely on faith without understanding these is not enough.
Today, let’s talk about 'techniques' and share some simple yet practical technical analysis methods.
MA Moving Average: Trend is your friend.
Sell on a death cross, buy on a golden cross: when short-term moving averages cross below long-term moving averages, reduce your position! Conversely, buy, buy, buy!
Don’t just look at moving averages: they should be combined with trading volume and market conditions. Relying solely on lines can easily be manipulated by major players.
RSI Indicator: Oversold and overbought are easy to identify.
RSI over 70: Be cautious, the overbought zone is here, likely to adjust.
RSI below 30: It’s time to tentatively build your position.
MACD: The 'magic tool' for judging buy and sell.
Enter on a golden cross, stop loss on a death cross: when the bars change from green to red, it’s a buy signal; when they change from red to green, be cautious.
Support and Resistance: The psychological warfare of the market.
Support level is the floor; the coin price bounces back up when it touches it.
Resistance level is the ceiling; when the price hits it, it’s likely to be pushed down.
The crypto world is an adult playground; winning or losing depends entirely on your judgment. Don’t let emotions lead you. Accumulating coins is the right path; technology is an auxiliary means. If you dream of getting rich overnight through technology, don’t. However, learning some technical analysis can help you survive longer.
Finally, I wish everyone wealth in 2025. Remember to follow Mr. Zhao for the latest market analysis and investment advice to elevate your investments!