First, let me share a 【Cryptocurrency Survival Guide】 with you. Trading cryptocurrencies is not as simple as you think; it is not just about buying low and selling high directly.
A qualified investor needs to have economic knowledge, pay attention to news dynamics, understand national policies, care about international situations, and conduct in-depth research on the fundamentals and technical aspects of virtual currencies.
In addition, you must constantly struggle with your own fears and greed, possess strong psychological endurance, and be able to withstand the market's ups and downs.
It can be said that those who can survive in the cryptocurrency market are almost all resilient, able to resist temptation and endure trials.
Three golden rules for seizing opportunities:
Principle One: When building a position, strictly control the position to 50%, so that you can defend and attack. Never operate with a full position at any time, because once the market crashes, a full position will be unable to save itself.
Principle Two: When the increase of the cryptocurrency you invest in reaches 2-3 times, you should first sell half to recoup your costs. After that, you can negotiate with the market using the remaining profits, and gradually exit when the expected price is reached. Keeping 10% of the base position can avoid missing out on a sharp rise caused by strong market makers.
Principle Three: When the market is crazy and everyone is chasing prices, you should sell your holdings in phases and batches. Do not be confused by the numbers in your account; only cash funds truly belong to you; the numbers in your account are just that—numbers.
Three major secrets for trading cryptocurrencies:
Secret One: For small and unregulated cryptocurrency trading sites, do not casually invest large amounts of money to avoid the site suddenly disappearing. If you want to participate, choose a reputable large platform.
Secret Two: There are many virtual currencies crowdfunding recently; please carefully identify them. Not all projects are worth investing in, and many carry risks. Consider carefully before investing; do not rely on luck.
Secret Three: The current market is sluggish, and the overall trend is cooling down. Short-term operations should mainly observe and enter the market precisely.
For long-term investments, consider high-quality virtual currencies ranked in the top 20 globally, building positions in batches at low prices. Enter the market, control risks and funds well. Timely increase positions or stop losses during market fluctuations to maximize profits.
If you fail to act in time, you can still minimize losses. The purpose of trading cryptocurrencies is to make money, so you must be well-prepared to avoid unnecessary losses.
Finally, do not blindly follow the crowd. Many beginners, when they start trading cryptocurrencies, are influenced by groups or suggestions from others and easily sell off, which is often the most foolish action.
Because many times, these people either have no assets in hand or are misleading beginners, creating panic to induce you to sell at a low price. Once you sell, they will buy in at low prices.
Therefore, when trading cryptocurrencies, the opinions of others can only serve as a reference; the key is still to rely on your own judgment.
Learn to make big money with the MACD indicator application mantra:
1. MACD above the 0 axis - every time a golden cross occurs, the stock price will reach a new high.
2. MACD below the 0 axis - every time a dead cross occurs, the stock price will reach a new low.
3. MACD above the 0 axis - golden crosses belong to the rising trend bullish market; you can buy low and sell high to exploit divergences.
4. MACD below the 0 axis - golden crosses belong to the downward trend rebound market; only participate when it goes above the 0 axis.
5. MACD above the 0 axis - the more golden crosses and dead crosses, the better; bull stocks.
6. MACD below the 0 axis - the more golden crosses and dead crosses, the worse; bear stocks.
7. MACD will or will not cross - if the green bars turn down again, it will definitely fall.
8. MACD will not die - if the red bars turn up again, it will definitely rise.
9. MACD sells small - if the stock price rises and the following red bars do not exceed the previous high, it will fall.
10. MACD buys small - if the stock price is falling or flat, and the following green bars do not exceed the previous low, it will rise.
11. MACD neither here nor there - after breaking below the 0 axis trend, it must either be the third wave or the fourth wave, and it will rise.
12. MACD high position shrinks - after a sharp rise in stock prices, if the MACD moves away from the 0 axis and the red bars shorten, quickly cash out.
13. MACD low position golden cross - after a sharp drop in stock prices, if the MACD moves away from the 0 axis, it will definitely rise when a second golden cross occurs.
14. MACD comes back to life - after a washout in the rising process, if it dies after one or two days and quickly golden crosses again, it will definitely rise.
15. MACD is hopeless - after a rise, entering a correction, if the MACD golden cross dies quickly after one day, it will definitely fall.
16. MACD golden pit - after a rise and a correction, if the MACD dies and the green bars are shorter within seven days, and then it golden crosses again, the golden pit will definitely rise.
17. MACD burning continuously - red bars persist for more than two months; big bull.
There is a saying in the cryptocurrency world: "Relying on luck to trade cryptocurrencies leads to losses 80% of the time;"
Trading cryptocurrencies with skills, making money is almost guaranteed. Whether to enter the market for investment relies on courage and strength.
Whether you can make money trading cryptocurrencies depends on your vision and skills.
Investing in the cryptocurrency space cannot rely on impulsiveness and lofty ambitions; only by understanding effective operating procedures, mastering necessary basic knowledge, and learning practical technical methods can you seize fleeting money-making opportunities in the unpredictable cryptocurrency market.
Opportunities have arrived; assets will double! Follow Biao Ge closely, and easily make big money.
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