From a 70% loss to achieving my first million, I summarized 7 laws of cryptocurrency trading, four things to avoid, and three principles to uphold. The content is rich; please make sure to collect and read carefully!
One, seven laws: 1. Once it’s clear that a currency is entering an upward channel, every pullback is an opportunity to get in. Prices won’t keep rising; appropriate pullbacks allow for better accumulation of strength.
2. As long as the upward trend of the currency hasn’t changed, even if the price drops, it can still be a good time to enter.
3. Once it’s clear that a stock is in a downward trend, every rebound along the way is an opportunity to sell. It’s quite difficult for a currency that is trending down to rebound. Don’t hold onto such stocks blindly; it’s not only a waste of time and money but also detrimental to your mindset.
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