Can entering the cryptocurrency world really achieve financial freedom? First, understand the six 'do nots' for entry and the four 'do nots' for holding: #币安Alpha上新
Six 'do nots' for entry:
1. Do not touch coins that have been continuously dropping and have not stabilized above the 60-day moving average. Follow the trend; if a coin keeps falling, let’s wait and see until it turns around.
2. Do not buy coins that have risen and then received good news. When good news comes, it often signals a selling opportunity; for coins that have already risen, the main players may be looking to cash out.
3. Do not chase coins that have suddenly surged far from the 5-day moving average. Coins that rise too quickly carry significant risks, and chasing high can easily trap you.
4. Do not take risks with coins that suddenly jump at high prices. A sudden jump at high prices can be risky; it may indicate that the main players are quietly cashing out.
5. Avoid coins with a turnover rate exceeding 30%. A high turnover rate indicates a fierce battle between bulls and bears, so let’s stay away from this volatile market.
6. Do not be fooled by coins that are still holding up despite a bad overall environment. Coins that are being propped up in a poor market are likely a 'smoke and mirrors' trick.
Four 'do nots' for holding:
1. Hold onto coins with an RSI between 50 and 80. An RSI in the middle to high range indicates that the coin still has strength; holding on can earn you more.
2. Do not rush to sell coins that have jumped from a low position. A gap up indicates strong bullish momentum; let’s see if it can continue to rise.
3. Hold tightly onto coins with an upward trend. Following the trend, coins that are rising will yield more profit the longer you hold.
4. Do not easily sell coins that have all their chips concentrated in one place. If the chips are clustered together, the main players may still want to push the price higher; waiting for a peak to sell is not too late.
Trading insights: When trading coins, it’s essential to follow rules rather than rely on gut feelings.
Understanding the trend is much more reliable than random guessing! #代币发射平台竞争加剧
If you are a beginner looking to delve into the cryptocurrency world and want to get started quickly, you can comment 168.
I sincerely recommend that everyone learn about cryptocurrency; its value far exceeds simple returns from cryptocurrencies and enhances our cognitive abilities. Whether or not you work directly in the cryptocurrency field, exploring this area can broaden your horizons, promote wealth growth, and bring positive impacts to your life. #美国加征关税 #策略交易 $SUI$MEME$ETH