Summary of years of trading experience in cryptocurrencies:
1. Keep an eye on one product.
2. The simpler the indicator, the better (moving average, trend line). Simple is beautiful, simple is stable.
3. Develop the habit of reviewing after the market closes.
4. The entry and exit indicators should be consistent.
5. Develop the good habit of right-side trading.
6. Keep a stable mentality and grasp the market trend.
7. Do not trade with heavy positions, and mature traders should also trade with light positions.
8. Do medium and long-term in trending markets and swing markets.
9. Go long when the price is above the moving average, and go short when the price is below the moving average.
10. The relationship between the position and the futures price should be clear. Go long when the position increases, and go short when the position decreases. The increase in the position should be reversed, and the decrease in the position should also be reversed.
11. Go long when there are more cycles of rising, and go short when there are more cycles of falling.