How to double your money in the currency circle

When choosing a currency, you can analyze it from the fundamentals, technical aspects and news aspects of the currency.

The fundamentals require you to understand the concepts and applications behind the selected currency in the early stage, and then comprehensively consider the impact of the macro economy and the general environment.

The technical aspect refers to the K-line chart, which requires you to analyze the market trend through a series of technical indicators to determine the entry point and stop profit and stop loss.

The news aspect is the news circulating in the market, but don't blindly follow the news. The news aspect generally lags behind the market, and the news aspect is at most a reference for your subsequent reference to the market trend.

When can you buy

The market trend can be divided into bear market and bull market, and the price can be divided into upward and downward.

If it is a bear market, the short-term price is downward, don't buy; if the short-term price stabilizes and there are signs of rebound, you can buy in moderation and do a short-term. If the bear market must have reached the bottom, and the short-term price fluctuates in a small range, you can buy.

In a bear market, choose to hoard coins and hold them for a rise; in a bull market, choose to sell them when the opportunity arises

Points

The points should be bought at the support position, where the purchase cost is the lowest and the possibility of chasing highs is also the lowest. If the support level is broken, you can stop the loss immediately.

Novice investors can buy short-term first, then long-term, spot first, then futures. In short, in the big market, you should buy according to the trend, and you would rather miss the opportunity than make a mistake.

Finally, I will give you a sentence: "Buy carefully, watch patiently, wait with peace of mind, and sell successfully." #ETH #BTC