The following ten tips for cryptocurrency trading are summarized (must read, must collect)
1. If your capital plate is not very large, such as less than 200,000, it is enough to catch two or three main rising waves in a bull market. Don't be full all the time. Be brave to short position. When the callback opportunity appears, take the funds after rolling to bet on the next main rising wave
2. A person can never earn wealth beyond cognition. First, simulate the plate to practice your true mentality and courage. The simulation plate can fail infinitely, but if you fail once in the real operation, it may be all you have, and you may even stay away from the market from now on.
3. If you encounter major positive news and do not ship on the same day, remember to sell at a high opening the next day. The realization of positive news is often negative news
4. When encountering major holidays, reduce positions or even short positions a week in advance. According to past experience, holidays will definitely fall
5. The medium and long-term strategy is to keep enough cash in hand, pull up shipments, kill the decline and buy back, and rolling operations are the best strategy
6. Short-term trading mainly depends on trading volume and graphics. Trade when the graphics fluctuate greatly, and don't touch when they are inactive.
7. If the decline tends to be slow, the rebound will also be slow; if the decline accelerates, the rebound will also be fast.
8. If you buy wrong, you must admit it, stop loss in time, and keep the principal, which is the fundamental for market survival.
9. For short-term trading, you must look at the 15-minute K-line chart. According to the KDJ indicator, you can find a better buying and selling point.
10. There are thousands of techniques and methods for speculating in coins. You only need to master and master a few of them. Don't be greedy.