I am a person who is determined to speculate in coins for the rest of my life! From being beaten to a black face when I first entered the industry, to now being a full-time currency speculator to support my family, I have suffered losses all these years. I have summarized 7 pieces of advice on currency speculation. If you want to have a beautiful turnaround, please read it carefully. I hope everyone can learn from it.

1. The currency price has entered a stable upward channel. Each pullback is a temporary stop and a good opportunity for us to get on the train. There is no currency that keeps rising. A pullback is like a spring being compressed in order to jump higher.

2. If you enter a definite downward channel, any rebound is an opportunity to get off the market. 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. Short-term rises and falls depend on sentiment and fundamentals. In the long term, don't stare at the three melons and two dates in front of you. Just as the current market sentiment is in place, fundamentals determine the length and width of the rise.

4. The bottom determined by human judgment is basically not the bottom, but halfway up the mountain. The formation of the real bottom depends first on emotions and second on funds. Therefore, do not blindly copy the bottom. Often, 9 out of 10 copies will be caught.

5. Don’t rely too much on good news. Real market trends are based on expectations. Many retail investors like to listen to news to speculate in coins, but most of what you hear is just what others want you to hear. Even if it is true, you don’t know. After a few moves, you know the market is almost over.

6. Do not increase the leverage at will. This will not improve your winning rate. Once you lose money, the value will be infinitely magnified. Do not increase the risk yourself.

7. Do the opposite of your normal thinking.

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