Seven Principles of the Currency Circle

1. Principle of inertia: When in a rising or falling trend, the trend will generally continue.

2. Wave principle: The price will rise as high as the price falls; if the quantity is sufficient, the price will rise.

3. Be extremely quiet and think about moving: Narrow prices and shrinking volumes often herald the coming of a big market.

4. When things go to extremes, they must reverse: When the market develops to an extreme state, it will move in its opposite direction.

5. Consistency: It is most powerful when long-term and short-term trends are consistent.

6. Turning point crossover: When the short-term and long-term trends conflict, the market may change.

7. Cost principle: When the purchase cost is less than the market cost, the risk is smaller. #币圈八卦 #BTC