Newbies in Cryptocurrency Trading Become Old Pros, Just Master These Ten Golden Rules!

If you haven't earned 1 million after years of trading, listen to me. If you follow these ten suggestions and still see no effect, come find me!

1. If you don't have much money, you need to budget carefully. Just catch one big rise in a year, and that's enough. Don't always operate with a full position; keep some cash on hand for emergencies.

2. Your understanding determines how much you can earn. If you don't understand, you won't make money. Practice with simulated trading is fine, but real trading involves significant psychological pressure.

3. If you encounter good news and don't sell on the same day, make sure to exit by the next day. Once good news is out, everyone thinks about selling, and prices will naturally drop.

4. As holidays approach, lower your position a week in advance or simply don't sell. The market isn't active during holidays, and prices can fluctuate wildly.

5. For medium to long-term trading, you need to have cash on hand. When prices rise, sell a bit; when prices drop, buy a bit. This way, you can lower costs and adjust strategies anytime.

6. For short-term trading, focus on actively traded cryptocurrencies. If you buy coins that aren't being traded, you can easily get stuck.

7. Remember this pattern: if it’s a slow decline, it generally will recover slowly; if it drops sharply, it usually rebounds quickly.

8. Stop-loss is very important. If you make a wrong purchase, acknowledge it and cut your losses quickly. Don’t wait for prices to return; preserving your capital is key.

9. For short-term trading, look at the 15-minute candlestick charts and combine them with the KDJ indicator to find entry and exit points. Especially when KDJ shows overbought or oversold signals, they are particularly accurate. Also, check MACD, RSI, and other indicators.

10. Don’t learn too many techniques; mastering a few is enough. #特朗普罢免美联储理事库克 #美联储降息预期