Control your emotions, and this market becomes an ATM!
In the cryptocurrency world, your trading strategy is your 'secret weapon'. The following phrases are the crystallization of practical experience, so be sure to save them!
Entry Section: Test the waters in the crypto world, prepare first; enter steadily, refuse to rush in.
Consolidation Section: New lows during low-level consolidation, it's the right time to buy heavily; new highs during high-level consolidation, sell decisively without hesitation.
Volatility Section: Sell at highs, buy quickly during plunges; watch and wait during consolidation, reduce trading. Consolidation means using horizontal movement to avoid declines, hold onto your assets, and a rise may be just around the corner; during rapid surges, beware of sharp drops, always be ready to secure profits; slow declines are a good opportunity to gradually add to your positions.
Trading Timing Section: Don't buy at highs, don't sell; don't buy during drops, don't trade; during consolidation, don't trade. Buy on down candles, sell on up candles; only by contrarian trading can you stand out. Buy when there is a significant drop in the morning, buy early.