Tonight, the market is soaring. So while there's nothing going on, let's summarize ten key points for trading cryptocurrencies (must-read, must-collect)

1️⃣

If your capital is not very large, for example, within 200,000, catching two or three main upward trends in a bull market is enough. Never be fully invested all the time. Be brave enough to hold cash and when a pullback opportunity arises, use the rolled-over funds to bet on the next main upward trend.

2️⃣

A person can never earn wealth beyond their understanding. First, practice with a simulated account to train your true mindset and courage. You can fail an unlimited number of times on a simulated account, but a single failure in real trading might cost you everything, and you may even distance yourself from the market thereafter.

3️⃣

When encountering significant good news, if you don't sell on the same day, remember to sell at the high opening the next day. Good news often turns into bad news when it is realized.

4️⃣

When major holidays approach, reduce your positions or even go to cash a week in advance. Historically, the market tends to decline during holidays.

5️⃣

The medium to long-term strategy is to keep enough cash on hand, sell when prices rise, and buy back when prices fall. Rolling operations are the best strategy.

6️⃣

Short-term trading mainly looks at trading volume and patterns. Engage in active patterns with significant fluctuations, and avoid inactive ones.

7️⃣

When declines slow down, rebounds will also be slow; when declines accelerate, rebounds will come quickly.

8️⃣

If you make a wrong purchase, acknowledge it, cut losses timely, and preserve your principal; this is the fundamental of survival in the market.

9️⃣

For short-term trading, always refer to the 15-minute K-line chart. You can find good buy and sell points using the KDJ indicator.

🔟

There are countless techniques and methods for trading cryptocurrencies; mastering a few well is enough; do not be greedy.

Those who understand how to position in advance can seize the windfall. How BDXN will explode next depends on whether you dare to get on board early!