A guide summarized from years in the cryptocurrency world! Even beginners can turn the tide!
Want to quickly recover in the cryptocurrency market? Grasping the core points can help you avoid detours!
1. Abandon intuition, focus on the market
Don't blindly trust others' opinions; market trends are the truth. Keep a close eye on candlesticks, trading volume, and other data, using objective analysis to replace subjective assumptions.
2. Solidify your foundation, arm your mind
Master core indicators such as MACD and KDJ. Knowledge is the confidence behind your trading decisions.
3. Control your mindset, trade rationally
Profits and losses are normal! Avoid chasing highs and panic selling; staying calm will help you make the right judgments.
4. Strictly adhere to the rules, safety first
① Always set stop-loss: Set a stop-loss for every trade; capital safety is the prerequisite for recovery.
② Refuse to over-leverage: Use fixed lot sizes, stay away from gambler-style trading.
③ Do not change stop-loss: Determine it before trading and stick to it; don't change your mind at the last minute.
5. Learn from experts, summarize experiences
Engage with seasoned investors, learn their trading strategies; review trades daily, find lessons from failures, and refine methods from successes.
There are no shortcuts in the cryptocurrency world, but by mastering these key points, you can escape difficulties faster and achieve recovery!
