The price of the cryptocurrency market is very much affected by news. Shorting requires a lot of prediction and skills, as does longing. Here are a few points to share

1. When the market is unclear, don't gamble with big funds, use small funds.

2. Obviously there may be huge positive situations in the future, don't go against the trend. For example, tomorrow morning, Trump may make a positive speech, which will blow up your short position. Obviously there will be huge fluctuations, such as CPI data and Federal Reserve meetings, so you must set up stop-profit and stop-loss.

3. Never short small-cap currencies.

4. The best leverage should never exceed 5 times. Unless you are 10 times confident that this is a huge positive, or a huge negative, is coming. Like Zheng Haosheng on Twitter, he used to be in LD. The reason why he took off so quickly was that he had learned the news in advance through his leader Lou Jiyue (his father is the president of a bank) before the negative policy was officially introduced on September 4, 2017. Think about whether you have this channel and resource information.

5. Only one or two people can become rich through contracts and keep their wealth. It is okay to make a little money.