I have been speculating in cryptocurrencies for almost three years and have millions of assets. If I hadn't sold my Bitcoin, I would have hundreds of millions of assets now. To sum up:
1️⃣ If your initial capital is not very large, such as less than 100,000 yuan, it is enough to catch a big fluctuation every day. Don't be greedy and hold positions at all times!
2️⃣ If you don't ship on the day of a major positive news, remember to sell it at a high opening the next day. The realization of good news is often bad news.
3️⃣ News and holidays are also very important. When encountering major events, you should make adjustments in advance (reduce positions or even go short). According to the past, whenever there is a major event, the market will inevitably usher in major fluctuations. If you can't grasp the direction in advance, just wait for the market to come and follow the trend!
4️⃣ The medium and long-term strategy must be to enter with a light position, leave enough operating space, and operate steadily. Don't operate with a heavy position.
5️⃣ Short-term trading focuses on following the trend, entering and exiting quickly, and it is forbidden to be greedy and hesitant. When the market fluctuates greatly, find the right point to enter the market. If the market is not active, then wait patiently with empty positions.
6️⃣ The market fluctuates slowly, so the rebound is naturally slow. If the market fluctuates quickly, the corresponding callback is also very fast!
7️⃣ If you enter the wrong point direction, stop loss in time (do not hesitate to carry the order). Stop loss is a disguised profit. Keeping funds is the fundamental survival of the market.
8️⃣ You must look at the 15-minute K-line chart for short-term trading. According to the KDJ indicator, you can better capture the appropriate entry position.
9️⃣ There are thousands of techniques and methods for speculating in coins. The most important thing is the mentality. A person's mentality is very important. The coin circle can easily make you feel the ups and downs, so adjust yourself. A good mentality has surpassed most people in the coin circle. $BTC
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