Three principles for trading positions
First, strictly control the position within 50%, and you can attack or defend at the right time. Never be fully invested at any time, because once the price drops sharply, even the gods cannot save you.
Second, once the profit reaches 2-3 times, you must sell part of it first, and then use the profit to gradually cash out after recovering the cost, until you reach the psychological price before considering selling. Leaving 10% of the bottom position can avoid missing opportunities when the dealer quickly pulls up.
Third, when the market is crazy chasing up, you must sell the chips in batches and stages. Don't be superstitious about the numbers in the account. Only when the profit is realized can it really belong to you, and the numbers in the account are just virtual. Three secrets of currency speculation First, don't invest a lot of money on informal small websites at will. You should choose formal large websites such as Huobi, Bit Era+, etc.
There are many crowdfunding projects recently. You need to open your eyes and treat them with caution. Not all projects are worth investing. You need to make a decision after fully understanding them to avoid blind investment.
At present, the cryptocurrency market is in a bull market, and the market is heating up. The operation is mainly to hold long-term positions after callbacks. For long-term investment, you can choose the top 20 high-quality currencies in the world to build positions at low prices in batches.
Finally, it is important not to follow the trend. Many newcomers are easily influenced by others at the beginning of the cryptocurrency circle, and blindly operate by listening to others.
In fact, it is very stupid to do so, because many times the advice of others may be misleading or intimidating, with the purpose of making you sell at a low price, while they take the goods at a low price to make a profit. The decision to speculate in cryptocurrencies should be made by yourself, and don't easily believe the advice of others.
