Cryptocurrency Trading Tips

1. Be Patient and Wait for Consolidation

Don't rush during sideways markets; changes occur after consolidation.

2. Switch Positions Quickly on Short-Term Hot Stocks

Hot short-term assets are often traded; when the hype fades, so does the capital. Change positions frequently to mitigate risks.

3. Accelerate and Hold Your Coins

When K-lines rise slowly, with a strong opening and high volume, the market is accelerating; hold tight for profits.

4. Exit After a Large Bull Candle

When a large bullish candle appears, exit regardless of highs or lows to prevent profit retraction.

5. Use Moving Averages for Buying and Selling Decisions

Moving averages, support, and resistance are key for trading; follow the rules, and even if you're wrong, you need to act.

6. Trade Less, Not More

Prepare before taking action; the cryptocurrency market is volatile, so be cautious.

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