If you are new to the cryptocurrency world, you need to remember these most effective trading mantras
1. Buy horizontally, buy the dip; don't buy vertically, sell at the peak of excitement
2. Continuous small gains are real gains; continuous large gains mean it's time to exit
3. A significant spike should pull back; don't dig deep holes and don't make large buys
4. Main uptrends accelerating should reach a peak; sell quickly on sharp declines, and sell slowly on gradual rises
5. Sharp declines without volume are intimidation; gradual declines with volume mean it's time to withdraw
6. Price breaking through the lifeline, don't hesitate to make short-term trades
7. Pay close attention to daily and monthly charts; build positions following the main force
8. If price rises without volume, the main force is luring you in, don't stand guard
9. Low volume new lows indicate a bottom pattern; increased volume in recovery means it's time to enter
In the cryptocurrency space, the simpler things tend to be the most effective; all mantras are the crystallization of wisdom.
Learn these mantras and remember them, applying them in real combat; they will surely help you avoid many detours.
#乌俄停火 #CPI数据来袭 #CynthiaLummis重提比特币法案
I have navigated the market for many years, deeply understanding the opportunities and traps within. If your investments are not going well and you feel unwilling about your losses, leave a 777 in the comments! Let's share insights.
