1. Understand stop-loss and take-profit. Trading cryptocurrencies is to make profits, not to hold indefinitely. When your position moves in the wrong direction, sell decisively to avoid unnecessary losses. Do not be greedy when making money in the crypto world, and do not hesitate when facing losses.
2. Do not pursue absolute highs and lows. The market always has lower lows and higher highs, which are difficult for ordinary people to grasp accurately. We just need to buy in the bottom area and sell in the top area to catch the big trend.
3. Volume and price must match perfectly. Rising with low volume or achieving new highs with low volume often signals that the main force is unloading or that the rise is exhausted. It’s better to miss out than to chase, to avoid becoming the one left holding the bag.
4. React quickly. When the market has positive news, quickly identify related sectors and projects. If you miss the first tier, timely position yourself in the second tier to achieve good returns.
5. Learn to rest. The main upward wave of the price increase is short-lived, while most other times involve oscillation or correction. Seize the main upward wave, and during other times learn to rest to avoid losses from frequent trading.
6. A sharp drop is the biggest good news. Market crashes often give rise to greater opportunities. Be greedy when others are fearful, and be fearful when others are greedy. When the market crashes, do not panic; choose quality targets and build positions in time, waiting for a rebound.#美国加征关税 #加密圆桌讨论
