If you are new to the cryptocurrency industry, remember these nine tips to help you avoid 99% of losses:
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1. If you buy horizontally, buy pits, but not vertically, the selling point is where the boiling point is;
2. Continuous small increases are real increases, and continuous large increases require exit;
3. If there is a sharp rise, you should step back; if you don’t dig a deep hole, don’t buy too much;
4. The main rise is accelerating and will reach the top; it falls sharply and sells quickly; rises slowly and sells slowly;
5. A sharp drop is a threat, a slow drop is a threat and a heavy drop is enough to get out quickly;
6. When the price breaks through the lifeline, don’t hesitate to trade;
7. Watch the daily and monthly lines carefully and follow the main force to build positions;
8. The currency price rise is immeasurable, and the main force is tempting bulls to stay on guard;
9. The new low of shrinkage is the bottom image, and the market needs to enter the market when the increase rebounds;
The above nine formulas are the condensation of core knowledge in the currency circle. By remembering these, you will avoid many pitfalls in trading.
