Cryptocurrency Trading Mantra 😎
1. Be patient and wait for consolidation: Don't act when the market is flat; a change will happen after consolidation.
2. Don't get attached to short-term hot stocks: Popular positions are often speculative; when the hype fades, funds pull out; frequently change positions to mitigate risk.
3. Hold steady during acceleration: If the candlestick chart moves slowly upwards, with a high opening and large volume, the acceleration has arrived; hold onto your assets for returns.
4. Exit after a massive bullish candlestick: Once a huge bullish candlestick appears, regardless of high or low positions, funds should decisively exit.
5. Moving average support levels are key buying and selling points: Moving averages and support/resistance levels must be executed even if incorrect.
6. Better to enter less than to enter too much: Prepare before taking action; the cryptocurrency market is unpredictable, so enter with caution.
7. Always respect the market and dare to carve new paths: Only by walking the roads others dare not take can you achieve extraordinary returns!
