If you have just entered the cryptocurrency circle, remember these effective trading tips to help you avoid detours!
The cryptocurrency circle is deep, but with the tips in hand, you will not panic:
You can add positions if there is a big drop in the morning, and reduce positions if there is a big rise in the morning.
Only reduce positions if there is a big rise in the afternoon, and buy the next day if there is a big drop in the afternoon.
Do not sell coins if there is a drop in the morning, and add positions T+0 when the price drops.
Do not chase the rise in the afternoon, and reduce positions T+1 when the price rises.
Look at 10 points when the price rises in the morning, and look at 2 points when the price rises in the afternoon, and sell at the highest point.
If the coin is strong, it will be closed at 10 points, and if the coin is not strong, it will be closed at 2 points.
Control positions and do not take chances, rolling operations are the best policy!
Key principles:
Do not short in a bull market, and do not long in a bear market.
Do not sell at a loss in a bull market, and do not chase the rise in a bear market.
Keeping these tips and principles in mind can help you stay calm in a volatile market and make more wise decisions.
