Old hands from炒币韭菜, just need to master these ten golden rules!
After many years of炒币, if you haven't earned 1 million yet, listen to me. The following ten pieces of advice, if you follow them and still don't see results, come find me!
1. If you don't have much money, you need to be frugal. In a year, just seizing one big涨 opportunity is enough. Don't always operate with a full position; keep some cash on hand just in case.
2. Your understanding determines how much you can earn. If you don't understand, you won't make money. Practicing with simulated trading is fine, but trading with real money can be very stressful psychologically.
3. When good news comes out, if you haven't sold it on the same day, you need to exit quickly the next day when it opens high. Once good news is released, everyone will be thinking of selling, and prices will naturally drop.
4. As holidays approach, reduce your positions a week in advance, or simply don't sell. The market is inactive during holidays, and prices can fluctuate greatly.
5. For medium to long-term trading, you need to have cash on hand. When prices rise, sell a bit; when prices fall, buy a bit. This way, you can lower your costs and adjust your strategy at any time.
6. For short-term trading, look for active trading currencies. If you buy currencies that no one is trading, you easily get stuck.
7. Remember this rule: slowly falling prices usually bounce back slowly; prices that drop sharply usually rebound quickly.
8. Stop-loss is very important. If you buy the wrong one, you need to admit it and stop-loss quickly. Don't think about waiting for the price to come back; preserving your capital is the key.
9. For short-term trading, pay attention to the 15-minute K-line chart, and combine it with the KDJ indicator to find buy and sell points. Especially when KDJ is overbought or oversold, the signals are particularly accurate. You should also look at MACD, RSI, and other indicators.
10. Don't learn too many techniques; mastering a few is enough. #币圈投资策略