Summarize 7 tips for cryptocurrency trading. If you want to make a beautiful comeback, please read carefully. I hope you can learn from it.
1. The price of the currency enters a stable upward channel. Each callback is a temporary stop. It is a good opportunity for us to get on the bus. There is no currency that keeps rising. The callback is like a spring compression, in order to jump higher.
2. If it enters a certain downward channel, any rebound is an opportunity to get off the bus. Once the trend goes bad, it may take more than half a year to rise again. Don't resist the order and don't waste your time.
3. The short-term rise and fall depends on emotions and fundamentals. Don't stare at the three melons and two dates in front of you in the long run. Just like the current market sentiment is in place, the fundamentals determine the length and width of the rise.
4. The bottom judged by humans is basically not the bottom, but the halfway point. The formation of the real bottom depends on emotions and funds. So don't blindly buy the bottom. Often 9 out of 10 copies are trapped.
5. Don't rely too much on good news. The real market is all about expectations. Many retail investors like to listen to news and speculate in cryptocurrencies, but most of what you hear is what others want you to hear. Even if it is true, you don't know how many hands have passed, and when you know it, the market is almost over.
6. Don't increase leverage at will. This will not increase your winning rate. Once you lose money, the value will be infinitely magnified. Don't increase your own risks.
7. Do the opposite of your normal thinking.
Friends who recognize it, please follow, like and forward it. Follow without asking for help, and make a fortune every day. I wish you all a good life in the cryptocurrency circle and a long way to go!