After years of struggles in the cryptocurrency world and experiencing many ups and downs, here are several concise and easy-to-understand strategies I have summarized.
1. Make Good Use of Morning Market
The cryptocurrency market experiences greater fluctuations in the morning, and the sentiment is relatively pure. If the price drops significantly in the morning, there is no need to rush to sell, as this might be an opportunity to buy at a bargain. If the price rises rapidly in the morning, do not be greedy; selling in time to lock in profits is usually wiser.
2. Cautious Strategy for the Afternoon
If there is a surge in the afternoon, remember not to blindly follow the trend and buy in. Such surges are often just temporary hype, and entering rashly can lead to being trapped. If the market experiences a significant drop in the afternoon, remain calm, observe market trends, and wait until the next day to look for opportunities to enter at lower prices; this often allows you to scoop up bargains.
3. Stay Calm in Response to Declines
If you see a significant drop in the price in the morning, there is no need to panic and rush to stop losses. The market changes rapidly, and the fluctuations in the morning are often short-lived 'illusions.' If the market does not show significant fluctuations for a long time and prices stabilize, there is also no hurry to act; you can choose to observe temporarily and make decisions once the market trend becomes clearer.
4. Strictly Adhere to Buy and Sell Guidelines
If your holdings have not yet reached the expected target price, there is no need to rush to sell. Earning a little is still earning; rushing to sell might cause you to miss out on greater profits. Conversely, if the price has not dropped to your desired entry price, do not buy casually, especially when the market is unclear; it is best to remain observant and avoid blind operations.
5. Operate Based on Candlestick Patterns
A bearish candle usually represents a price pullback, which is a good time to enter; while a bullish candle indicates strong upward momentum in the short term, making it the best time to sell. Following the principle of 'buy on bearish candles and sell on bullish candles' can help you achieve stable profits amidst market fluctuations.
6. Use Reverse Thinking
In the cryptocurrency world, standing out often requires reverse thinking. When market sentiment is high and everyone is chasing prices, you should remain calm; conversely, when the market is in panic, dare to buy against the trend. Reverse operations help you seize rebound opportunities when others are panicking, thus yielding more profits.
7. Endure the Agony of Consolidation Periods
When the market price is oscillating at high or low levels, many people easily become anxious and want to act quickly. However, it is crucial to stay calm and avoid blind operations. Patiently wait for the market trend to become clear before making decisions, as this allows for a more accurate judgment of whether the market has upward or downward signals.
8. Seize the Last Rising Opportunity
When the price consolidates at a high level for a period of time and then suddenly experiences a rapid rise, it is often the market's last crazy surge. At this point, you should decisively sell to convert the paper profits into actual gains. If you don't sell in time, the opportunity may quietly slip away, so avoid missing out.#阿根廷总统MEME币争议 #币圈心得 #新手小白 #币圈 #区块链
