If you are currently losing money in cryptocurrency trading, take a few minutes to read this article, and you will find the answer!
I have been trading cryptocurrency for over 10 years. I lost a lot of money in the first three years, with debts of 8 million. After self-adjustment, I have achieved financial freedom, stable compound interest, a monthly income of 7 figures, and an annual income of 8 figures in the past 7 years until now!
Today I will share the essence of my trading.
In fact, it is very simple: stop the loss when you are wrong, hold on when you are right, small losses and big gains, make big profits and losses. Specific to each core link:
Six No-Entry, Four No-Let-Go:
Six No-Entry:
1. Don't touch coins that have been falling and whose 60-day line has not yet stabilized. Follow the trend, wait and see for coins that keep falling, and wait until they turn around.
2. Don't buy coins that have good news after they have risen. Good news often comes as a signal to sell. If there is good news for coins that have already risen, the main force may want to close the net. Don't chase coins that rise too sharply and are far from the 5-day line. Coins that rise too fast are also risky, and it is easy to get caught by chasing highs. #炒币日记
4. Don't take risks with coins that suddenly jump high at high positions. A high-level gap is not a small risk, it may be the main force quietly shipping.
5. Avoid coins with a turnover rate of more than 30%. A high turnover rate indicates that the bulls and bears are fighting fiercely. Let's avoid this turbulent market first.
6. Don't be fooled by coins that are still holding up in a bad environment. Coins that are forcibly pulled up when the market is not good are mostly "camouflage".
Four No-Let-Go: #币圈暴富
1. Continue to hold coins with RSI between 50 and 80. If the RSI is in the middle to high, it means that the coin still has energy and can continue to earn more by holding it. Don't rush to sell coins that jump up from a low position. Gaps and rises indicate that the bulls are very strong, so let's see if they can continue to rise.
3. Hold on to coins with an upward trend. Follow the trend, the longer you hold coins in an uptrend, the more you earn.
4. Don't easily sell coins where the chips are concentrated in one place. If the chips are piled together, the main force may still want to pull them up. It's not too late to sell at a high point.
Cryptocurrency Trading Experience: Cryptocurrency trading still needs to be regulated and cannot be based on feeling.
Seeing the trend clearly is much more reliable than guessing blindly!
If you are also a technical enthusiast and are also diligently studying technical operations in the currency circle, you might as well [check out the comments section] and you will get the latest currency circle information and trading skills.
