Summary of Six Years of Trading Experience in Cryptocurrency

1. Focus on one variety.

2. The simpler the indicators, the better (moving averages, trend lines). Simplicity is beauty, simplicity is stability.

3. Develop a habit of reviewing after the market closes.

4. Entry and exit indicators must be consistent.

5. Cultivate the good habit of right-side trading.

6. Maintain a stable mindset and grasp the overall market trend.

7. Do not trade with heavy positions; even experienced traders should trade with light positions.

8. In a trending market, trade medium to long-term; in a sideways market, trade in segments.

9. Go long when the price is above the moving average, go short when the price is below the moving average.

10. Be clear about the relationship between open interest and futures price: when prices rise, increasing open interest means go long; when prices fall, increasing open interest means go short. A decrease in open interest during a rise means to reverse; a decrease in open interest during a fall also means to reverse.

11. Go long during periods with more upward cycles; go short during periods with more downward cycles. #Strategy增持比特币 #CPI数据来袭 #币安Alpha上新 #BTC #ETH