If you are new to the cryptocurrency world, you need to remember these most effective trading mantras:
The cryptocurrency world is deep, and with the mantras in hand, you will not panic.
You can add positions if the market drops sharply in the morning, and reduce positions if the market rises sharply in the morning.
Only reduce positions if the market rises sharply in the afternoon, and buy the next day if the market drops sharply in the afternoon.
Do not sell coins if the market drops in the morning, and add positions T+0 when the market drops.
Do not chase the market if the market rises in the afternoon, and reduce positions T+1 when the market rises.
Look at 10 points when the market rises in the morning, and look at 2 points when the market rises in the afternoon. Sell at the highest point. If the market is strong, close it at 10 points. If the market is not strong, close it at 2 points. Control positions and do not take chances. Rolling operations are the best strategy.
Do not short in a bull market, and do not long in a bear market.
Do not sell at a loss in a bull market, and do not chase the market rise in a bear market.
The simpler things in the cryptocurrency world are often the more effective, and all the mantras are the crystallization of wisdom. Learn these mantras, remember them, and use them in actual combat, which will definitely help you avoid many detours.
Do you have any other useful tips for the cryptocurrency circle? Welcome to add them in the comment area.
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