1. A sharp drop is a touchstone for testing high-quality coins. If the market plummets and your coin falls slightly, it is obvious that the market maker is protecting the market and refusing it to fall. Therefore, you can hold on to this kind of coin with confidence and you will definitely gain something.

2. If a novice does not know how to buy and sell, the simplest and most direct method is to hold the short-term 5-day line and sell when it breaks the 5-day line. Hold the currency on the 20-day line in the medium term and sell it when it breaks the 20-day line. There are many methods, and the one that suits you is the best. The difficulty of trading is not that there is no method, but the execution. If you insist on repeating a method without thinking, more than 90% of people will have no problem. This is the way to success.

3. Once the main rising wave is formed, if there is no obvious increase in volume, intervene decisively. If the volume increases, hold the currency. If the downward trend is not broken, hold the currency. If the downward trend is broken, reduce the position quickly.

4. When a coin is trending upward, don’t look at any indicators except trading volume. If the volume is shrinking or flat, hold it. If the volume is huge, sell it. Volume and price are the soul. Volume is water and price is the boat.

5. If there is no fluctuation within three days after a short-term purchase, sell it if you can. If the price does not rise but falls after the purchase, stop loss unconditionally at a loss of 5%.

6. If a coin falls 50% from its high and continues to fall for 8 consecutive days, it has entered the oversold channel and an oversold rebound is imminent, so you can follow up.

7. When speculating in cryptocurrencies, you should speculate in leading coins. Only do leading coins, not miscellaneous coins, because when the price rises, the leading coins rise the most violently, and when the price falls, the coins are the most resistant to falling. Don’t be afraid to get on board. Speculating in cryptocurrencies is often against human nature. Don’t buy because the price falls a lot, and don’t stop buying because the price rises a lot. The more you dare not buy, the more it rises, and the more you dare to buy, the more it falls. The strong will always be strong. The most important thing for short-term speculation in leading coins is to buy at a high position and sell at a higher position!

8. Embrace the trend and follow the trend. The lower the purchase price is, the better it is. You will not gain an advantage by buying at a low price, because there is no bottom for the decline. Give up junk coins. Trend is king.

9. Don’t be carried away by the blood of profit. You should know that the most difficult thing in the world is how to make continuous profits. You must carefully review the market. Whether it is luck or strength, a stable trading system that suits you is the kingly way to make continuous profits.

10. Don’t trade for the sake of trading. What does it mean? When you are not sure enough that this transaction can make a profit, don’t force to open a position. Shorting is a science. Those who know how to buy are apprentices, those who know how to sell are masters, and those who know how to short are the ancestors. The first consideration in trading is not profit, but capital preservation. What matters in trading is not frequency but success rate!

11. In fact, in the speculative market, being flexible is the most wrong approach. Use your own fixed trading system and keep the same system to cope with all changes. I am not afraid of you using 10,000 methods, but I am afraid that you use one method 10,000 times. Not moving is the best defense. Often, when you are most reluctant, you make the most mistakes. You should seriously understand this sentence!

12. I believe that those who can persist in trading for more than 4 years are all because of the word "passion". Passion is OK, and passion is a must if you want to do something well. But don't be too obsessed with it, or even become addicted and unable to extricate yourself. Family is our greatest responsibility.

13. The outside world is uncontrollable, so look for the inside world. Never blame others for your failures. This is extremely important. No matter how low you fall, you must take full responsibility for your own decisions. Only by taking responsibility can you face your mistakes and not repeat them. Real cryptocurrency traders are warriors who dare to face their mistakes!

14. Listen less to outside gossip, because opinions are neither right nor wrong. Oftentimes, what you see is what they want you to see, or what they say is what you want to hear. When you are no longer interested in the media or any methods of experts, congratulations, you are not far from getting started and success because you may have a little more of your own things, beliefs!

15. You think you are trading the market, but in fact you are trading yourself. The glamorous success we see is only the result and performance. Behind success is great perseverance and patience, and behind greatness is suffering. Time is the most valuable asset, endurance is better than brainpower, talent is not important, mentality is very important!

16. Cryptocurrency trading is a process of self-cultivation, self-cultivation, and character cultivation. Study carefully, fully understand the big cycle and big probability theory, plant the seeds, and water them under the sun, air, wind and rain... wait for the flowers to bloom and reap a lot!

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