Why do we say that in the case of cryptocurrency speculation, the one who knows how to buy is the apprentice, the one who knows how to sell is the master, and the one who knows how to short is the ancestor?
Based on my own experience in the cryptocurrency circle for so many years
I have summarized some buying and selling points, which are summarized as follows
1. The one who knows how to buy is the apprentice
The best operation method in the cryptocurrency circle is:
a. Regardless of the bull or bear market, the 5-layer position must be BTC and ETH, and the remaining 5-layer positions must be for big opportunities
b. When the bull market turns back, many altcoins are discounted by 10%, or even 0.1%. At this time, it is very cheap to buy some altcoins with broad consensus and promising prospects, and then wait for the bull market to come
c. In the bull market, various hot spots emerge frequently, such as the artificial intelligence, gamefi, RWA, public chain, and platform coin sectors in this round of bull market. You can use a small amount of funds to participate in hot speculation. After earning more than 5 times, stop profit in time and exchange all for BTC and ETH, and strictly distinguish what is "living" and what is "playing around"
The essence of finance is Ponzi. When the tide recedes, you will know who is swimming naked. It is a very smart approach to leave in time before the bubble of various new projects bursts.
Second, the one who knows how to sell is the master. "If you become a shareholder by speculating in coins", never think that you can sell at the highest point. You will only know the highest point after the fact. Two more reliable selling methods: target profit-taking method and technical indicator method. Target profit-taking method: Be content with what you have. Money is endless. Nothing can rise to the sky. Rise and fall are the basis of the trading market. Everything has a cycle. Set your profit target or expected price, and place an order in advance. For example, if you need 1 million to buy a house this year, then place the price at which you can earn 1 million. Place the order in advance and it will be automatically executed after reaching the target. Or at the ATH price As a reference point, because it is difficult to break through the previous high, there will often be a big drop when breaking through the previous high, so the price of the sell order is set at a position of about -4% of the stage high
Technical stop-profit method:
MACD is set to (12, 26, 9), and the K-line chart selects the 5-day moving average and the 7-day moving average. When the 5-day moving average crosses down and falls into the 7-day moving average to form a dead cross, and the MACD DIF line crosses down and DEA to form a dead cross, it means that a big drop is about to begin.
Taking ETH as an example, ETH fell sharply on December 4, 2021, September 7, and May 13. It can be seen that this theory is still quite correct
3. Only those who know how to short position are the ancestors
Hold the coin firmly in the bull market and short position firmly in the bear market. The highest realm of trading is short position, because short position is waiting for a big drop, waiting for corpses everywhere to enter the warehouse to clean up the mess to get the biggest profit. Short position is still very difficult, because you not only have to endure a long period of boring waiting, but also have to endure the fomo mentality after being constantly making money. According to the fluctuation of ETH, the opportunity of a 20% drop is still very good to grasp 4-5 times a year.
If you want to know more about the relevant knowledge and first-hand cutting-edge information of the currency circle, ambush potential coins in advance, and exclusively reveal the bull market strategy deployment, only share it with my fans for free! Seize this bull market, let your wealth soar like a rocket, and become a winner in life!
