First, wait a bit longer for high and low consolidation. When the market is in a sideways consolidation, it’s best to observe for a while. Because after consolidation, the market will change; it's best to act once the trend becomes clear.
Second, don’t get attached to hot positions, frequently change your holdings. From start to finish, it could all end up empty. All popular short-term positions are speculation; once the hype fades, funds will leave immediately. If you lag behind, you’ll be left alone, confused in the wind.
Third, an upward gap indicates hope for a rise. When the K-line slowly moves upward and a bullish candle opens high with increased volume, it indicates that the market is entering an acceleration phase. At this time, we must remain calm, hold your position firmly, and what awaits you next will be a big profit.#本周高光时刻
Fourth, don’t get attached to huge bullish candles; be decisive in exiting at the end of trading. Whether at high or low positions, after a huge bullish candle appears, there will be a pullback. Even if it hits the limit, you should exit. We need to prevent profit pullbacks.#BTC重返10万
Fifth, if you buy wrongly on bearish candles online, you should still buy on bullish candles offline; if you sell wrongly, you should still sell. Here, 'line' refers to moving averages or important support or resistance levels. Short-term traders generally only look at daily moving averages and daily attack lines. I don’t like to drag things out; I usually hold short-term positions for three days, at most a week. Even if things get better later, it won’t concern me.
Sixth, don't chase highs, don't sell, don't panic, don't buy, stay flat. This can be said to be a basic principle for survival in the crypto world. If you want to survive in the crypto world for a long time, you must remember this phrase well.
$ETH Seventh, buy in cautiously, prepare first, it's better to enter less than more. No matter how confident you are, you shouldn't invest all your funds at once. Because in the crypto world, the only constant is change.#币安Alpha上新
Eighth, learn to analyze news, learn to interpret market information. When significant news hits the market, it’s usually the time when cryptocurrency prices fluctuate the most, potentially rising sharply or falling sharply. Traders need to make judgments. For beginners, it is advisable to mainly observe during significant news.
Ninth, learn to analyze technical aspects and master technical indicators. Learning technical indicators requires long-term accumulation; set a study plan for yourself to learn about moving averages, KDJ, Bollinger Bands, K-lines, volume and price, capital flow, etc.;$XRP
Tenth, make a trading plan, don't trade frequently. Frequent trading not only incurs high fees but also affects your trading mindset, causing you to lose rational judgment;$BTC
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