$BTC $ETH $SOL #Reprintedfrom crypto Zhong Liang’s article. Want to become a master of currency speculation? These eight tips are not to be missed!
The world of currency speculation is full of undercurrents. But there are always experts who give enlightenment to younger generations like me. These eight tips for speculating on currencies are the ultimate magic skills that will help you swim smoothly in the bear market! 1. Hold on to cover positions in order to protect capital, and seeking extravagant profits is greed. When speculating in currencies, there will always be a few coins that are stuck. At this time, remember not to try to turn losses into profits, as eagerness for quick success will only make you sink deeper and deeper. Only by covering positions conscientiously and preserving the principal can the business flow smoothly.
2. A wave rises in calm water, but beware of big waves behind. On the surface, the currency market is calm, but in fact, there are undercurrents. Don't be fooled by the small gains in front of you, stay alert and beware of the next big shock.
3. After a sharp rise, there will be a correction, and the K-line will draw a triangle for many days. Coin prices are soaring, so don't get too excited. Because after this, there will inevitably be a callback. Look at that line, isn't it the equilateral triangle outlined by Duo Ri?
4. Buy yin but not yang, sell yang but not yin, and act against the market trend to become a hero.
When buying a currency, you should choose the time when Yin is falling, and when selling currency, you should choose when Yang is rising. Only by doing the opposite can you win unexpectedly.
5. Don’t sell if you don’t rush high, don’t buy if you don’t dive, and don’t trade sideways.
Don't rush to buy when the currency price rises, and don't rush to buy the bottom when it dives. When trading sideways, it is even more important to hold your hands and wait and see what happens.
6. Look at the support level in an upward trend and the resistance level in a downward trend.
When the currency price rises, you should pay attention to the support level to prevent it from falling back. When the price goes down, you should pay attention to the resistance level in order to buy the bottom.
The world of currency speculation is full of undercurrents. But there are always experts who give enlightenment to younger generations like me. These eight tips for speculating on currencies are the ultimate magic skills that will help you swim smoothly in the bear market! 1. Hold on to cover positions in order to protect capital, and seeking extravagant profits is greed. When speculating in currencies, there will always be a few coins that are stuck. At this time, remember not to try to turn losses into profits, as eagerness for quick success will only make you sink deeper and deeper. Only by covering positions conscientiously and preserving the principal can the business flow smoothly.
2. A wave rises in calm water, but beware of big waves behind. On the surface, the currency market is calm, but in fact, there are undercurrents. Don't be fooled by the small gains in front of you, stay alert and beware of the next big shock.
3. After a sharp rise, there will be a correction, and the K-line will draw a triangle for many days. Coin prices are soaring, so don't get too excited. Because after this, there will inevitably be a callback. Look at that line, isn't it the equilateral triangle outlined by Duo Ri?
4. Buy yin but not yang, sell yang but not yin, and act against the market trend to become a hero.
When buying a currency, you should choose the time when Yin is falling, and when selling currency, you should choose when Yang is rising. Only by doing the opposite can you win unexpectedly.
5. Don’t sell if you don’t rush high, don’t buy if you don’t dive, and don’t trade sideways.
Don't rush to buy when the currency price rises, and don't rush to buy the bottom when it dives. When trading sideways, it is even more important to hold your hands and wait and see what happens.
6. Look at the support level in an upward trend and the resistance level in a downward trend.
When the currency price rises, you should pay attention to the support level to prevent it from falling back. When the price goes down, you should pay attention to the resistance level in order to buy the bottom.