Secrets to Successful Cryptocurrency Trading: Avoid Three Major Mistakes and Master Six Short-Term Trading Techniques

Three Major Mistakes:

1. Do not buy during an uptrend; be greedy when others are fearful and buy during a downturn.

2. Never place all your bets.

3. Do not go all in; avoid passive trading and missing market opportunities.

Six Short-Term Trading Tips:

1. After a price consolidation at a high level, a new high usually follows; after a consolidation at a low level, a new low will follow. Wait for the market direction to become clear before taking action.

2. Do not trade during sideways movement; most losses come from not knowing when to stop.

3. K-line trading: buy on bearish candles, sell on bullish candles.

4. A slowing decline leads to a slowing rebound; an accelerating decline leads to an accelerating rebound.

5. Build your position in a pyramid style, buying in batches.

6. After a continuous rise or fall, enter a consolidation phase; avoid selling all at a high or buying all at a low, adjust your position in a timely manner, and pay attention to market change signals.