How to turn 10,000 oil into 1,000,000 oil in the cryptocurrency market

Here are 9 tips based on experience↓ Learn them to earn your first 1,000,000 in life!

1. If your initial capital is not very large, such as within 100,000, being able to seize a big volatile market once a day is enough, do not be greedy, and always hold positions!

2. When encountering major good news, if you don't sell on the same day, remember to sell at a high opening the next day; the realization of good news often becomes bad news.

3. The news and holidays are also very important; when encountering major events, adjustments should be made in advance (reduce positions or even go flat). Historically, major events always lead to significant market fluctuations◇ If you cannot grasp the direction in advance, wait for the market to come and follow the trend!

4. The strategy for medium to long-term should definitely be to use light positions◇ Leave enough room for operation; steady operation is the best strategy, do not operate with heavy positions.

5. Short-term trading focuses on following the trend, quick entry and exit; avoid greed and hesitation. In a volatile market, find suitable entry points, and if the market is not active, stay flat and wait patiently.

6. When the market fluctuates slowly, rebounds will also be very slow; when the market fluctuates quickly, corresponding pullbacks will also be rapid!

7. If you enter at the wrong point, cut losses in time (do not hesitate to hold the position), stopping loss is a form of profit; preserving capital is essential for survival in the market.

8. For short-term trading, you must look at the 15-minute candlestick chart; using the KDJ indicator can help better capture suitable entry positions.

9. There are countless techniques and methods for trading cryptocurrencies, but the most important is still the mindset. A person's mindset is crucial; the cryptocurrency market can easily let you experience the ups and downs, so adjust yourself well.