1. Buy early when the price drops, sell early when the price rises
Buy early when the price drops: When the price of coins plummets in the morning, the market sentiment is often panic, but this may be a good opportunity to buy at the bottom. The key is to judge the cause of the plunge, whether it is just a short-term sentiment fluctuation or a major change in the fundamentals.
Sell early when the price rises early: When the coin price soars in the morning, market sentiment may be too optimistic. At this time, you can consider reducing your position, locking in profits, and avoiding the risks of subsequent pullbacks.
2. Afternoon Strategy
Be cautious when chasing highs in the afternoon: If the coin price continues to rise in the afternoon, it may mean that market sentiment has been overheated. At this time, there is a greater risk of chasing highs and it is easy to be stuck at high levels.
Don’t rush to buy the bottom after the afternoon crash: The afternoon crash may be a continuation of market sentiment. It is recommended to observe the market reaction the next day to avoid buying the bottom too early.
3. Keep a stable mindset
Stay calm in the face of volatility: Market volatility is the norm, and staying calm is the key to success. When the market crashes in the morning, panic selling often leads to unnecessary losses.
Take a break when the market is sideways: When the currency price is sideways, the market trend is unclear. At this time, take a break, keep a clear head, and wait for better opportunities.
4. Follow the trend
Do not trade when the trend is unclear: Blind trading can easily lead to losses when the trend is unclear. Do not sell when the price does not rise, do not buy when there is no pullback, and wait and see when the price goes sideways.
5. Yin-Yang Line Strategy
Buy on a negative line: A negative line usually represents a price drop, and buying at this time may result in a lower cost.
Sell on a bullish candlestick: A bullish candlestick represents rising prices, and selling at this time may result in higher returns.
6. Think against the trend
Going against the trend: Although it is a basic principle to follow the trend, in some cases, going against the trend can also create miracles. The key lies in a deep understanding of the market and risk control.
7. Patient observation
Wait for the trend to become clear: When the price of the currency is consolidating, wait patiently for the market trend to become clear before taking decisive action to avoid the risks brought about by premature action.
8. Risks after sideways trading at high levels
Be wary of the risk of a pullback: When the price of a currency rises again after trading sideways at a high level, you need to be wary of the risk of a pullback and decisively reduce your position or exit the market to avoid being trapped at a high level.
9. Hammer Doji Warning
Market turning signal: The hammer cross star pattern usually means that the market is about to turn. At this time, you need to pay close attention to market dynamics, operate cautiously, and avoid the risks brought by full-position operations.
If anyone is confused due to market fluctuations, does not know how to deal with a trapped situation, or feels that they have been misled during the operation, welcome to communicate!#鲸鱼再次买入VIRTUAL #Infini遭攻击 #以太坊回滚争议 $BTC $ETH $XRP