Trading cryptocurrency from 50,000 to 3,580,000: Remember these 18 phrases and you can turn your situation around
With 8 years of experience in the cryptocurrency world, I've learned many practical tips, especially these 18 key phrases, suitable for beginners and family members who don't have time to trade. Now I share them with everyone (recommended to like and bookmark to avoid losing them later)
Secret 1: Before entering the cryptocurrency market, prepare first; it's better to enter less than to rush in!
Secret 2: When the price is low and consolidating, and it hits a new low, buy in heavily—it's a good time!
Secret 3: Sell at a high, buy in when it dips, and try not to trade during consolidation!
Secret 4: If it has been consolidating for a long time, it means it's consolidating before a drop; hold onto your coins tightly as there may be a surge at any time!
Secret 5: When there's a rapid surge, always be ready to sell, as there may be a sharp drop at any moment!
Secret 6: During a slow decline, it's a time to gradually add to your position!
Secret 7: During high and low consolidation, wait for a moment!
Secret 8: When consolidating at a high, if it surges again, seize the opportunity and sell quickly; when consolidating at a low, if it hits a new low, it's a good time to buy in with your entire position!
Secret 9: Don't sell when it surges, don't buy when it dips, don't trade during consolidation!
Secret 10: Buy on a down day, sell on an up day; go against the trend to be a hero!
Secret 11: If it drops significantly in the morning, buy; if it rises significantly in the morning, sell! If it rises significantly in the afternoon, don't chase it; if it drops significantly in the afternoon, buy the next day; if it drops significantly in the morning, don't cut losses; if it doesn't rise or fall, sleep!
Secret 12: When stuck in a position, add to your holdings and seek to break even; seeking profit is greed!
Secret 13: When the surface is calm, beware of the big waves coming afterwards!
Secret 14: After a big rise, there will be a correction; K-line charts show a triangle for many days!
Secret 15: In an uptrend, look at support levels; in a downtrend, look at resistance levels!
Secret 16: Over-leveraging is a big taboo; being willful is unwise; know when to stop amidst constant changes; be flexible in entering and exiting while observing the market!
Secret 17: Trading cryptocurrency is about mindset; greed and fear are major harms; be cautious when chasing highs and cutting losses, and maintain a calm and peaceful state!
Secret 18: In the cryptocurrency world, the key to success can be summed up in two sentences: Hold onto your coins and don't let go.
PS: Investing has risks; enter the market with caution
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