In the cryptocurrency investment, many people do dream of getting rich overnight, but the reality is often cruel. Here are some practical suggestions and strategies to help you be more confident in your investment:

Basic knowledge and analysis

In-depth learning: Understand blockchain technology, the economic model of cryptocurrency, and market dynamics. The analysis of news and the use of technical indicators are indispensable.

Application of technical indicators

MACD divergence signal: When the price and MACD line diverge, it may indicate a reversal of the trend.

KDJ indicator: Identify overbought and oversold areas to help determine buying and selling points.

Support and resistance levels: These are key points where prices may rebound or break through.

Investment strategy

Rolling operation: In certain circumstances, you can consider adding positions, but be cautious.

Floating profit adding positions: When there is floating profit, you can add positions appropriately, but make sure that the overall holding cost is reduced.

Base position + T: Divide the funds into two parts, one part is the base position, and the other part is high-selling and low-buying. The specific ratio is determined according to personal risk tolerance.

Time suitable for rolling positions

New low volatility after long-term sideways trading: The market may be about to choose a direction.

A big drop in a bull market: it may be a good time to buy the bottom.

Breaking through major resistance or support levels: such a breakthrough often indicates a new trend.

Mindset and planning

Start from reality: do not easily set too high goals, and formulate strategies based on your own principal and risk tolerance.

Avoid blindly adding positions: adding positions should be carried out while reducing the cost of holding positions.

Summary

Investing requires rationality and strategy. Don't be blinded by short-term profits, stay calm, continue to learn and adjust strategies. Remember, the market always has ups and downs, the key is how to find your own rhythm in the fluctuations. I hope these suggestions can help you avoid detours on the road of investment.