After reviewing the period from paying attention to Bitcoin to going through a cycle, I have some conclusions to share with you:
1. If you have money, buy a few coins, then uninstall the software, and wait a few years, you will definitely make money
2. If you don’t have much money and want to speculate in cryptocurrencies, buy them for the long term and follow the halving cycle, you will also make money
3. When trading, I only look at trends and cycles. On the technical level, there are trend lines, moving averages, and golden sections. Trend lines look at the big trend. If the trend is bullish, you must not go short, just go long on dips. Regarding the K-line, at least look at the 4-hour line. I seldom look at the 1-hour line. I analyze the 4-hour, daily, weekly, and moving averages, and pay attention to the golden cross, which is very important. For the golden section line, mainly look at the approximate profit space.
4. The specific entry and exit points, the above multiple lines should be coordinated, the most important thing is to use an operating indicator habit, if you use one well and make 7 out of 10 orders, you are a master
5. Have a good attitude, invest as much as you have, and don’t get into debt. What is the right amount? If you think that losing all your investment money will not have a big impact on your life, then this is your appropriate capital line.
