Eight practical tips summarized by an experienced trader in the cryptocurrency world after eight years, a must-read for beginners! Recommended to like and bookmark, it can help avoid pitfalls at critical moments #美国稳定币法案

1. Morning market technique: The early morning is the purest emotional period in the cryptocurrency market. If the price drops sharply, don't panic; it could be a good opportunity to buy at a low price. If the morning sees a direct price surge, don't be greedy, decisively take profits to lock in gains.

2. Afternoon operation strategy: If there’s a sudden surge in the afternoon, don’t chase the high; most of it is short-term speculation, and buying at a high price can easily lead to losses. If the price drops in the afternoon, don’t panic and sell; observe the low point the next day before deciding to enter the market.

3. Downward mindset management: If the opening sees a price drop, don’t rush to stop losses; early morning fluctuations are often tests by the main players. Don't be anxious during sideways trading; remaining in cash and observing is also a strategy.

4. Strict adherence to buying and selling discipline: Don’t sell if the expected high point hasn’t been reached; earning less is still a loss. Don’t buy if the psychological price hasn’t been reached, to avoid buying at a halfway point. During sideways periods where the direction is unclear, it’s better to miss out than to make a mistake.

5. Yin-Yang line trading method: A bearish candle closing down is a pullback opportunity, buy at the low; a bullish candle surging is a short-term high point, take profits at the high, a classic strategy that works time and again.

6. Contrarian thinking principle: Stay calm during public frenzy, and dare to act during market panic; actions against human nature can often capture excess returns.

7. Survival tactics during consolidation: High and low consolidation is mentally taxing; during this time, avoid frequent operations, waiting for the trend to become clear (breaking pressure or support levels) before taking strong action.

8. High point profit-taking signal: After a high-level consolidation, if there’s another surge, it’s likely the last lure for buyers; decisively secure profits to avoid giving back gains.

Words of wisdom from an experienced trader: Making money in cryptocurrency is not about luck, but about thoroughly understanding and strictly executing simple rules. These eight phrases hit the pain points of retail investors—overcoming greed and fear, strictly adhering to discipline, is the way to survive amidst volatility. Remember: Earning money within your understanding is more important than making quick money!

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