#比特币市场波动观察
Three major taboos in cryptocurrency trading, touching them means losses! Avoid them for guaranteed profits!
When trading cryptocurrencies, there are three things you must remember, never make these mistakes!
First, when prices are rising, don't follow the crowd and buy in. You need to think the opposite: be brave when others are afraid, and stay calm when others are excited. When prices drop, that's your great opportunity to buy.
Second, never invest all your money in one trade; it's too risky, and you need to leave some room.
Third, never operate with a full position. There are plenty of opportunities in the market; having a full position means giving up other good chances, and the cost is too high, not worthwhile.
Now let's talk about some short-term trading tips:
When prices rise to high levels, they might surge a little more; when prices drop to low levels, they might dip further. So, you need to wait until the situation is clear before taking action; don’t rush to conclusions.
When prices are stagnant, never trade easily. Many people lose money in cryptocurrency trading simply because they cannot endure the loneliness. Look at the candlestick chart: if the daily line closes in the red, it might be a good buying opportunity; if it closes in the green, then consider selling.
If the price drops slowly, the rebound will also be slow; if the price drops quickly, the rebound will come quickly.
Building positions should be done slowly, layer by layer, like building a pyramid; this is the rule of value investing.
If a cryptocurrency keeps rising or falling, it will surely consolidate at some point. During that time, don’t rush to buy or sell everything, as the direction might change after consolidation. If the direction is downward, then you need to withdraw quickly; if the direction is upward, then you need to follow up quickly.
For the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with great potential projects. An expected return of 10 times or more is definitely possible. If you want to make big money in a bull market, like and comment, and I'll take you through the entire bull market layout!