Can entering the cryptocurrency world really achieve financial freedom? You must understand the six 'do nots' before investing and the four 'musts' to hold on to.
Six 'Do Nots':
1. Do not touch coins that are continuously falling and have not stabilized at the 60-day moving average. Follow the trend; if a coin is falling, let's wait and see when it turns around.
2. Do not buy coins that have good news after a rise. When good news comes, it often signals a selling point; for coins that have already risen, the main force may want to cash out.
3. Do not chase coins that have spiked too quickly and are far from the 5-day moving average. Coins that rise too fast carry high risks, and chasing high can easily trap you.
4. Do not take risks with coins that suddenly jump at a high position. A sudden jump at a high position carries significant risk; it may be that the main force is quietly selling.
5. Let's avoid coins with a turnover rate exceeding 30%. A high turnover rate indicates fierce battles between bulls and bears; let's stay away from this volatile market.
6. Do not be fooled by coins that are still holding on in a bad environment. Coins that are being propped up in a poor market are mostly a form of 'smoke and mirrors'.
Four 'Musts' to Hold On To:
1. Hold on to coins with an RSI between 50 and 80. An RSI in the mid-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 up from a low position. A gap up indicates strong bullish momentum; see if it can continue to rise.
3. Hold tight to coins that are trending upwards. Following the trend, the longer you hold onto coins in a rising trend, the more you earn.
4. Do not easily sell coins that have all their chips concentrated in one place. When chips are piled together, the main force may want to push it higher; waiting for a peak to sell is not too late.
心得: In trading cryptocurrencies, one must adhere to rules and not rely on intuition.
Understanding the trend is much more reliable than guessing blindly.
Exploring this field can help broaden your horizons, promote explosive wealth growth, and elevate your life to a higher level.