I started with 10,000 to trade contracts and have now reached a net worth of 8 figures; my journey in cryptocurrency can be described as a novel story! Here are some summarized experiences! #币安Alpha上新
1. If your initial capital is not very large, for example, within 100,000, being able to catch a major market fluctuation once a day is already enough. Do not be greedy and always hold positions! #Strategy增持比特币
2. When encountering significant positive news, if you do not sell the same day, remember to sell at the high opening the next day. Positive news often turns into negative news when realized. $BTC
3. The news and holidays are also very important. When encountering major events, adjustments (reducing positions or even going to cash) should be made in advance. Based on past experience, major events will certainly bring significant market fluctuations. If you cannot grasp the direction in advance, then wait for the market to come and follow the trend! $ETH
4. The mid to long-term strategy must be to trade lightly, leaving enough operational space. A steady approach is the best strategy, and do not operate with heavy positions!
5. Short-term trading focuses on following the trend, entering and exiting quickly. Avoid greed and hesitation. In a volatile market, find suitable entry points. If the market is stagnant and not active, then go to cash and wait patiently. #美国加征关税
6. When market fluctuations are slow, rebounds are also slow. When market fluctuations are rapid, corresponding pullbacks are also quick!
7. If you enter at the wrong point or direction, then cut your losses promptly (do not hesitate to hold the position). Stopping losses is essentially a form of profit; preserving capital is the foundation for survival in the market. #炒币日记
8. For short-term trading, you must look at the 15-minute K-line chart. The KDJ indicator can help better capture suitable entry positions.
9. There are countless techniques and methods for trading cryptocurrencies, but the most important thing is the mindset. A person's mindset is crucial; the crypto world can easily make you feel the highs and lows, so adjust your mindset well and do not be greedy. #币圈暴富
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