10W turned into 600 pieces $BTC
Eight sentences of wisdom
Helping one is worth it 😎
A mentor with eight years of experience in the cryptocurrency world has summarized eight key phrases that novices must pay attention to.
Helping one is worth it! It is recommended to like and save this, so you won’t lose it later.
1. Skillfully use morning market conditions: In the morning, the market sentiment is very pure. If the price sharply declines, don’t panic; this might be a good opportunity to pick up bargains. If the morning surges significantly, don’t get greedy; take the chance to profit and lock in gains.
2. Grasp the afternoon strategy: If there's a sudden surge in the afternoon, don’t get carried away and follow the trend to enter; it is often a false alarm, and buying at high levels can lead to losses. Conversely, if the afternoon faces a decline, it's better to stay calm, observe for a while, and find the right low point to enter the market the next day, often resulting in gains.
3. Maintain a steady mindset during declines: If you wake up in the morning to see the cryptocurrency price declining, don’t rush to cut losses; the market changes rapidly, and early morning fluctuations are often a 'smoke screen.' If the market is stagnant with no waves, don’t be anxious; take a break, gather your energy, and wait for opportunities.
4. Strictly follow trading principles: If the coins in hand have not reached the expected high, do not easily sell; making less is still a loss. If it has not fallen to a psychological price, refrain from rashly entering to avoid buying at half price. As for the sideways phase, with a chaotic trend and unclear direction, trading at this time is undoubtedly like a blind person touching an elephant; it is better to observe from the sidelines.
5. Operate based on bearish and bullish candlesticks: Enter on bearish candlesticks, exit on bullish ones, which is a classic strategy. A bearish candlestick indicates a price correction and cheaper oil, making it a good time to enter; a bullish candlestick signifies the formation of a short-term uptrend, so sell at a high to secure your profits.
6. Breakthrough through contrarian thinking: To stand out in the cryptocurrency world, sometimes you have to go against the grain. When everyone is frantically chasing, keep a cool head; when everyone is panic-selling, be bold and dare to operate contrarily, thus finding niche opportunities for wealth outside the mainstream tide.
7. Endure the grind of consolidation: When prices consolidate at high or low levels for a long time, it can be quite testing. At this time, don’t be swept away by anxiety and act rashly; remain patient and calm, waiting for the trend to clarify whether it will surge or plunge before launching a full-scale attack.
8. Seize the tail of the surge: After a prolonged consolidation at a high level, once it surges again, don't hesitate, as this is likely the final frenzy. Timely selling allows you to secure profits in hand; otherwise, it may slip away, and the cooked duck could fly away.$XRP #加密市场反弹 