An 8-year veteran in the crypto space summarizes eight essential tips that beginners must read! #BTC

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1. Make good use of morning trends: In the early morning, the market sentiment in the crypto world is very pure. If the price suddenly drops, don’t panic; this might be a good opportunity to 'pick up the bargains.' If the price soars in the morning, don’t be greedy; take the chance to lock in profits.

2. Master the afternoon strategy: If there's a sudden surge in the afternoon, don’t get carried away and chase after it; most of the time it's just a bubble, and buying at high positions is risky. Conversely, if there's a downturn in the afternoon, stay calm, observe for a while, and look for low points to enter the market the next day; this often leads to gains.

3. Maintain a steady mindset during declines: If you wake up to see the coin price dropping, don’t rush to cut losses; the market changes rapidly, and early fluctuations can often be misleading. If the market is stagnant with no movement, it might be wise to take a break and conserve your energy.

4. Strictly adhere to trading principles: If the coin you hold hasn't reached your expected high, don't sell it off easily; earning less is still a loss. If it hasn’t dropped to your psychological price, control yourself and don’t rush in, to avoid buying at half-mast. During sideways markets, where trends are chaotic and direction is unclear, trading at this time is undoubtedly like a blind man feeling an elephant.

5. Operate based on candlestick patterns: Enter on bearish candles and exit on bullish candles; this is a classic strategy. A bearish candle indicates a price correction and cheaper entry points, making it an ideal time to buy; a bullish candle signals the formation of short-term upward momentum, so take profits at a high.

6. Use contrarian thinking to break the deadlock: To stand out in the crypto space, sometimes you need to go against the grain. When everyone is enthusiastically buying, maintain a bit of calm; when people are panic selling, be more decisive and dare to act contrarily.

7. Endure the agony of consolidation: If prices are consolidating at high or low levels for an extended period, it can be frustrating. Don’t let anxiety drive you into hasty actions; be patient and wait until the trend becomes clear, whether it will go up or down, then strike with full force.

8. Capture the tail of the surge: After a long period of sideways movement at a high level, if there’s another surge, don’t hesitate; it’s likely the last frenzy. Sell in time and secure your profits in hand.

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