Ten trading rules that newbies in the cryptocurrency circle should pay attention to

First, don't be easily deceived by low-priced chips, be firm in your faith, and prevent the market makers from knocking the market down.

Second, chasing ups and downs, entering and exiting with full positions is always a taboo. The general trend is favorable. Building positions in batches when the market falls has lower risks, lower costs, and greater profits than chasing ups.

Third, distribute profits reasonably and maximize the release of funds, instead of constantly adding positions

Fourth, sell the capital when the price rises sharply and keep the currency when it falls sharply. At any time, you must have a positive mentality, do not speculate, do not be impetuous, do not be greedy, do not be afraid, and do not fight unprepared battles

Fifth, the ambush or private placement of low-priced coins in the front is to rely on experience and the dealer to bet on the future of the coin. The secondary market game in the back is a process of following the dealer based on technology and information. Don't put the cart before the horse and end up in a mess

Sixth, when building positions and shipping, you must be layered and segmented, and the price gradually opens up the segment to effectively control the ratio of risk and profit

Seventh, you must be familiar with the linkage effect. When you play coins, you must look at the market, and at the same time pay attention to the movements of other coins. Each coin is not isolated in the market transaction. It seems that there is no connection, but it is actually intricate. The linkage effect requires understanding of the coin. Many tools can be used to view coin information and news

Eighth, the warehouse allocation is reasonable, and the configuration of hot coins and value coins should be reasonable. Pay attention to the ratio of pressure resistance and profit intake. Being too conservative will miss opportunities, and being too aggressive may face high risks! The biggest feature of value coins is stability, while the biggest feature of hot coins is volatility. They may rise to the sky or return to zero in one battle.

Ninth, having coins on the board, money in the account, and cash in the pocket is the safest and most secure standard. You cannot go all-in, or you will die. The grasp of risk control and the reasonable allocation of funds are the key to your mentality and success or failure. Investing with idle money is the foundation.

Tenth, master the basic operations, learn to draw inferences from one example, master the basic ideas of trading, observation is the premise, remember the highs and lows of each time as reference data, learn to record, learn to summarize materials by yourself, develop the habit of reading, and cultivate the ability to screen and filter information. Steady investment plan

If you don't know how to screen strong coins, then I suggest you follow me. Whether it is spot or contract, a slight move may be your limit. The opportunity is very short, so you must seize it!Success does not depend on luck, choice is more important than hard work, and circle determines destiny. In the currency circle, in addition to having a keen eye for judging the situation, you must also keep up with a good team and a good leader. If you follow me, you are already half successful in the currency circle!