1、💸 Capital Management: If your initial capital is not much, for example, under 100,000, capturing one significant market fluctuation daily is sufficient. Do not be greedy; always maintain a light position.
2、📈 Cashing Out on Good News: When encountering significant positive news, remember to sell on the second day when the market opens high if you haven't sold that day. Realizing profits often leads to negative news.
3、📅 Holidays and News: When encountering major events, adjustments should be made in advance (reducing positions or even going to cash). Based on past experiences, major events often lead to significant fluctuations, so prepare in advance and follow the trend.
4、🚀 Medium to Long-term Strategy: For medium to long-term trading, you must operate with a light position to leave enough room for maneuvering. A steady approach is the best strategy, avoiding heavy positions.
5、🏎️ Short-term Trading: Short-term trading focuses on following the trend, entering and exiting quickly. Do not be greedy or hesitate; look for suitable entry points when the market fluctuates significantly, and remain patient in cash when the market is inactive.
6、🌪️ Market Fluctuations: When market fluctuations are slow, rebounds are naturally slow; when market fluctuations are fast, corrections are also quick.
7、🚫 Stop Loss and Take Profit: If you enter the wrong position, stop loss in time (do not hesitate to hold the position). Stop loss is a way of winning, and preserving capital is the fundamental of survival in the market.
8、📊 Short-term K-line Chart: When trading short-term, you must know how to read the 15-minute K-line chart. Using the KDJ indicator can help capture suitable entry points better.
9、🌟 Mindset Adjustment: There are countless techniques and methods for trading cryptocurrencies, but the most important thing is still the mindset. A person's mindset is crucial; the significant ups and downs in the crypto world can easily create pressure, so adjust your mindset and avoid being overly greedy.
Preparing to place orders!
Currently in a bull market, with opportunities arising every day for sharing insights.
$BTC
