The secrets of cryptocurrency trading are revealed! Mastering these three points will make you feel at home in the cryptocurrency circle and become stronger!
Cryptocurrency trading is not just a simple reselling. You need to be really skilled if you want to make money!
A qualified cryptocurrency trader must understand the economy, follow the news, understand national policies,
care about the international situation, and study the fundamentals and technical aspects of virtual currencies.
More importantly, you must have a big heart and be able to withstand ups and downs,
and be able to withstand temptations and torture. It can be said that those who can survive in the cryptocurrency circle are indomitable and immune to all poisons!
There are three principles for gold mining:
First, do not build a position of more than 50%, so that there is room for advancement and retreat. Don't fill the position, otherwise once a big drop occurs, it will be difficult for gods to save it.
Second, sell half of it after it has risen 2-3 times, and use the profit to play slowly after recovering the cost. Slowly sell it when it reaches the price you want, leaving 10% of the bottom position to avoid missing out.
Third, when the market is crazy, don't be superstitious about the numbers in your account. Slowly sell in stages and batches. Only the money in your pocket is yours!
There are three secrets to trading in cryptocurrencies:
First, only go to regular large websites, such as Huobi, BitTimes, etc., to trade in cryptocurrencies. Small websites are not safe.
Second, be careful about crowdfunding coins. Don't take chances. Understand them clearly before investing.
Third, when the cryptocurrency market is sluggish, short-term operations should be mainly wait-and-see. For long-term investment, you can choose the top 20 high-quality coins in the world and build positions at low prices in batches.