After 5 years of trading in cryptocurrencies, I have summarized 16 sentences. Share them with everyone and forward them to your friends who trade in cryptocurrencies. They will definitely benefit you for life!
1. Buy altcoins in a bull market and buy BTC in a bear market.
2. Pay special attention to the coins with a large volume at the bottom, which is often a signal to start.
3. It is time to buy when the coins in an upward trend pull back to the important moving average.
4. Don't trade frequently. It is enough to make a few big trends in a year.
5. Control your positions well. Never be full and leave room for yourself.
6. Don't cover your positions for losing junk coins. It is wise to stop losses in time.
7. The news can only be used as a reference. Don't use the news to go all-in.
8. Don't touch unfamiliar coins and focus on the track you are familiar with.
9. Don't be swayed by market sentiment, stay calm and rational.
10. If the altcoin rises too much, it will definitely fall. If it falls too much, it will not necessarily rise. Choice is very important.
11. When most people are optimistic, it is often when risks come.
12. Learn to hold short positions and wait for the market to give clear signals before entering the market.
13. Don't follow the trend of hyping hot spots, which often come and go quickly.
14. You must have your own trading system for trading and strictly implement it.
15. Investment is a long-distance race, and you can only laugh to the end if you maintain a good attitude.
16. Investment may not necessarily make money, and there is a high probability of losing money, so try to invest with spare money. If you invest with spare money, your mentality will be very good and the probability of winning will increase.
