This is what a cryptocurrency trader should watch!
Master these points and you will be in the cryptocurrency circle like a fish in water!
1. If your initial capital is not very large, such as less than 10w, it is enough to catch a big fluctuation every day. Don't be greedy and hold positions at all times!
2. If you don't ship on the day of a major positive news, remember to sell it at a high opening the next day. The realization of good news is often bad news.
3. News and holidays are also very important. When encountering major events, you should make adjustments in advance (reduce positions or even go short). According to the past, whenever there is a major event, the market will inevitably usher in major fluctuations. If you can't grasp the direction in advance, then wait for the market to come and follow the trend!
4. The medium and long-term strategy must be to enter with a light position, leave enough operating space, and operate steadily. Don't operate with a heavy position.
5. Short-term trading focuses on following the trend, entering and exiting quickly, and it is forbidden to be greedy and hesitant. Find a suitable point to enter the market when the market fluctuates greatly. If the market is not active, then go short and wait patiently.
6. If the market fluctuates slowly, the rebound will naturally be slow. If the market fluctuates quickly, the corresponding callback will also be fast!
7. If you enter the wrong point direction, stop loss in time (do not hesitate to carry the order). Stop loss is a disguised profit. Keeping funds is the basis for market survival.
8. You must look at the 15-minute K-line chart for short-term trading. According to the KDJ indicator, you can better capture the appropriate entry position
9. There are thousands of techniques and methods for speculating in coins. The most important thing is the mentality. A person's mentality is very important. The coin circle can easily make you feel the ups and downs, so adjust yourself. A good mentality has surpassed most people in the coin circle.