This is what a cryptocurrency trader should see!

Master these points to navigate the crypto world with ease!

1. If your initial capital is not very large, for example within 100,000, catching a significant market movement once a day is already enough, do not be greedy or hold positions constantly!

2. If there is a major positive news and you do not sell on that day, remember to sell at the high opening the next day, as positive news often turns into negative news.

3. News and holidays are also very important; when encountering major events, adjustments should be made in advance (reducing positions or even going to cash). Historically, significant events will bring major volatility, if you are uncertain about the direction, then wait for the market to come and follow the trend!

4. Medium to long-term strategies should definitely involve light positions to leave enough operational space; a steady approach is the best strategy, do not operate with heavy positions.

5. Short-term trading emphasizes following the trend, quick entries and exits, avoid being greedy and hesitant, look for suitable entry points during major fluctuations, if the market is stagnant, then hold cash and wait patiently.

6. If the market moves slowly, rebounds will also be slow; if the market moves quickly, then the corresponding corrections will also be rapid!

7. If you enter at the wrong point or direction, then cut your losses in time (do not hesitate to hold onto losing positions), cutting losses can be viewed as a form of profit; preserving capital is fundamental for survival in the market.

8. When trading short-term, definitely look at the 15-minute candlestick chart, and the KDJ indicator can help better capture suitable entry positions. 9. There are countless techniques and methods for trading cryptocurrencies, but the most important is still the mindset; one's mindset is very important, the crypto world can easily make you feel the ups and downs, so adjust yourself well. A good mindset already surpasses most people in the crypto world.

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