5 Laws of Speculating in the Cryptocurrency Circle
1: Rapid rise and slow fall means accumulating chips.
Rapid rise but slow fall means that the dealer is accumulating chips and preparing for the next round of rise.
2: Rapid fall and slow rise means selling.
Rapid fall but slow rise means that the dealer is gradually selling and the market is about to enter a falling cycle.
3: Don’t sell at the top, and run away if there is no volume at the top.
If the top volume is large, it may continue to rise; but if the top volume shrinks, it means that the upward momentum is insufficient, and leave the market as soon as possible.
4: Don’t buy at the bottom, but you can buy if the volume continues to increase.
The bottom volume may be a relay of decline, which needs to be observed; continuous volume means that funds are constantly entering, and you can consider buying.
5. Speculating in cryptocurrencies is speculation on emotions, and consensus is trading volume.
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