There are only three ways to trade in cryptocurrencies! Short-term, mid-term, and long-term. Today, Lao Jiu will explain the basics of these three methods to you clearly! Anyone who focuses on one mode and masters it thoroughly can be at ease in the cryptocurrency circle. When all three trading modes are fully understood, you will reach a state of unity, where no moves are better than moves, just like in martial arts novels, picking flowers and flying leaves can hurt people.
1. How to trade in the short term?
Short-term trading is to use small positions to make huge profits, and you need to trade in hot and strong targets. There is a saying that goes, drink the strongest wine and get the wildest girl! Its operation is also the most difficult, requiring a high level and experience, but there are still some simple tips for everyone.
1. Find a strong target. First, find a hot track, and then find a coin price that is running above the moving average, and the coin price is also on the way to a new high. The hot track depends on the currency increase, at least the top for three consecutive days! Since you want to trade in the short term, of course you have to strive for an increase of 20+%, otherwise it will be a waste of time and expression!
2. If there is a retracement without breaking the five-day moving average, you can intervene. The position and the price of the currency will gradually rise. Don't be fully invested, leave room for yourself, set a small stop loss and a large stop profit, and withdraw decisively once the five-day moving average is broken, and withdraw decisively when the volume is stagnant.
2: How to do the mid-line?
The mid-line band is to sell at low points and sell at high points! However, it is easy to chase the rising process and stand guard on the top of the mountain. If you go down and try to bet on a reversal, you are easy to be trapped. Then the sideways turn is a better choice!
1. As long as the currency that has been sideways for a long time breaks upward, you can intervene, regardless of whether it is shrinking or expanding. Shrinking volume means that the main force has a high degree of control, and the expansion of volume is either a unanimous optimism to form a joint force, or the main force is running away. Even if it runs away, it has been sideways for so long, at least it should be pulled up a little before running? So just set the stop loss!
2. In the same way, you have to find the current popular track (such as the early meme and Ai tracks) and gradually increase your position with a small position! Be careful not to be greedy, but also don't be timid. If it falls below the relevant position, exit decisively. If it rises, you must be brave enough to increase your position according to your own situation.
Three: How to do long-term investment?
Long-term investment is the so-called value investment, time for space, and value investment tests everyone's understanding and vision of an industry. This requires a long time to research and track. Without 3-5 years of holding, it is not considered a profit!
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