#BTC
Six ways to control risk when trading cryptocurrencies:
1. Divide the funds into five equal parts, invest only one-fifth of them each time, and set a stop loss line of 10 points. Even if you miss once, you will only lose 2% of the total funds, and you must miss five times to lose 10% of the total funds.
2. Act according to market trends and follow the trend. In a downward trend, each rebound is regarded as an opportunity to lure more; in an upward trend, each callback may be a golden buying point.
3. Avoid involving individual currencies that have skyrocketed in the short term, such as BNB9978, because high-level stagflation often means a future decline.
4. Use the MACD indicator to determine the timing of buying and selling.
Solid buying signals include the DIF line and the DEA line forming a golden cross below the 0 axis and breaking through the 0 axis upward; the signal for reducing positions is that the MACD forms a dead cross above the 0 axis and runs downward.
5. Never increase your position when you are losing money, but consider increasing your position when you are making a profit.
At the same time, pay attention to the importance of volume and price indicators: a large-volume breakthrough during low-level consolidation may be a buy signal, and a large-volume stagnation during high-level consolidation may be a sell signal.
Only choose strong currencies with value in an upward trend for operation.
6. Adhere to weekly trading review and adjust trading strategies in time. #MegadropLista