In the ocean of digital currency investment, novices often need some clear guides to help them navigate. The following are seven carefully refined rules of currency speculation, which will serve as a beacon on your investment road to guide you forward.
1. Grasp the timing of the callback of strong coins
When a strong currency falls for nine consecutive days at a high level, this is often a signal worth paying attention to. It may mean that the market's enthusiasm for the currency is waning, or that a wave of callbacks is about to come in the short term. As an investor, you should follow up in time and use this opportunity to make a layout.
2. Be cautious about the continuous rise of currencies
If a currency has risen for two consecutive days, then you need to be vigilant. The continuous rise may attract a large number of speculators to the market, causing the market to overheat. At this time, it is a wise choice to reduce positions in time to avoid losses when the market pulls back.
3. Use the pull-up market to earn extra income
When a currency rises by more than 7%, it usually means that the market's confidence in the currency is increasing. If the currency continues to rise the next day, then you can consider continuing to hold or increase your position to earn more income.
4. Wait for the strong coin to pull back before entering the market
For those strong bull coins, you need to be patient enough. After they experience a pullback and end the adjustment, consider buying again. In this way, you can avoid losses from buying at high prices, and you also have the opportunity to buy at low prices and get higher returns.
5. Make decisive decisions for non-volatile currencies
If a currency has no waves in three days, then you need to observe for another three days. If the currency still has no obvious fluctuations in these six days, then you may need to consider replacing it with other more promising currencies. In the digital currency market, time is money, and you need to make decisions decisively.
6. Ensure that the next day's profit covers the cost
When investing in digital currencies, you need to ensure that every transaction can cover the cost with profit on the next day. If a currency cannot earn the cost price of the previous day on the next day, then you should consider selling it in time to avoid losses.
7. Trade using the rules of the increase list
In the digital currency market, the increase list often contains rich trading opportunities.If a currency has risen for two consecutive days and is at the top of the gainer list, then you can consider buying it on dips. According to experience, such a currency often has a very good selling point on the fifth day. Therefore, you need to pay close attention to the changes in the gainer list and seize these trading opportunities. →村委会
The same is true in the currency circle. If you are confused and don’t know what to do, you can click to follow me and click my avatar to find me. All strategy fans have it. Just to increase fans
