Cryptocurrency Market Survival Guide
1 Entry Chapter
Test the waters in the crypto market, prepare in advance, enter steadily, and avoid rash actions.
2 Sideways Chapter
Low-level sideways trading sets new lows; it's the right time to buy heavily. High-level sideways trading leading to spikes; sell decisively without hesitation.
3 Volatility Chapter
Sell quickly after a spike; dive in swiftly. Watch and reduce trading frequency during sideways movement. This indicates a potential drop; hold tight as the rise could be just a second away. Be cautious of a sudden drop during a rapid rise and be ready to secure profits. A gradual decline is a good opportunity for incremental buying.
4 Trading Chapter
Don’t sell during spikes, and don’t buy during drops. Buy on bearish candles and sell on bullish candles. Only through contrarian trading can one stand out. Buy when there is a big drop in the morning; sell when there is a big rise in the morning. A significant rise in the afternoon likely leads to a drop, while a big drop in the afternoon often continues the next day. On the island, a significant drop means meat; if it neither rises nor falls, it indicates a break.
5 Lock-in Chapter
Lock-in hides the demand for capital preservation; greed is not advisable, and risk awareness should remain calm. High waves on the lake may indicate upcoming turbulence.
6 Trend Chapter
After a significant rise, a correction is inevitable; K-lines accumulate over several days. In an upward trend, look for support; in a downward trend, look for resistance.
7 Operation Chapter
Full-position operations are a major taboo; acting stubbornly is not feasible. In the face of uncertainty, support is needed, and seizing the moment to enter and exit is crucial.