When a chef earns 10,000 in three years, he earns 30 million in the cryptocurrency market in one year

1. Holding on and averaging down to seek capital preservation; seeking profit is greed. In trading cryptocurrencies, there will always be a few coins that get stuck. At this time, remember not to fantasize about turning losses into profits; being eager for quick gains will only trap you deeper. Honestly average down to preserve your capital, so you can have a steady stream.

2. A calm surface may hide a big wave behind. The cryptocurrency market may appear calm on the surface, but there are undercurrents. Do not be fooled by the small gains in front of you; remain vigilant and beware of the upcoming big fluctuations.

3. After a big rise, a correction is inevitable; K-line charts show a triangle over several days. When cryptocurrency prices soar, do not let your heart burst with joy. Because after this, there will inevitably be a correction. Look at that K-line; isn’t it precisely the equilateral triangle drawn over several days?

4. Buy during downtrends and sell during uptrends; going against the market is heroic. When buying coins, choose to do so during downtrends, and sell coins during uptrends. Acting contrary to the trend can lead to unexpected victories.

5. Don’t sell when the price is high, don’t buy when it’s plunging, and don’t trade during sideways movements. When prices are high, do not rush to sell, and do not rush to buy when prices are plunging. During sideways movements, control your hands and calmly observe the changes.

6. In an upward trend, watch for support levels; in a downward trend, watch for resistance levels. When prices are rising, pay attention to the support levels to prevent a pullback. When prices are falling, watch for resistance levels to catch the bottom.

7. Full position trading is a big taboo; stubbornness is unwise. Be aware of the ever-changing market, and enter and exit freely while observing the situation. Never trade in full positions or put all your bets on one coin. The cryptocurrency market is unpredictable; understand when to take profits and enter and exit freely. Only by observing the changes can you grasp the best timing.

8. Trading cryptocurrencies relies on mindset; greed and fear are major harms. Be cautious when chasing price changes; maintaining a calm and peaceful mind is important. In cryptocurrency trading, mindset is crucial. Greed and fear are our greatest enemies; avoid chasing prices and killing dips, and maintain a peaceful state of mind. Finally, let us remember these eight key phrases, laugh at the bear market, and become true cryptocurrency trading heroes #公众号搜 #狂人谈币