If you want to make a lot of money in the cryptocurrency circle, remember these tips: Don't panic when the market falls sharply, your coin only falls slightly, which means that someone is secretly supporting it, so you can hold it with confidence. A simple strategy for beginners: short-term trading relies on the 5-day line, and sell when it falls below; medium-term trading relies on the 20-day line, and leave if it does not hold. Go with the trend: buy when the trend is rising, hold when the trading volume is large, continue to hold when the trend is not broken by a small drop, and reduce the position when the trend is broken by a big drop. Quick decision: sell if there is no movement within three days after buying, and stop loss immediately after buying. Oversold rebound: a drop of 50%, a drop of 8 consecutive days, may rebound, dare to enter the market. Choose strong coins: give priority to leading coins, the strong will become stronger, buy low and sell high. Follow the trend: the right purchase price is more important than the low price, avoid junk coins. Review and build a system: review after making a profit, a stable trading system is more important. Be cautious when opening a position: do not buy if you are not sure, and prioritize capital preservation. Stick to the system: avoid arbitrary changes and stick to the trading plan. Balance life: love trading but don't indulge in it, family is the most important. Self-growth: face mistakes and don't make them again. Independent thinking: listen less to gossip and believe in yourself. Overcome yourself: Trading is a self-challenge, patience and persistence are the key. In short, only by making wise choices, sticking to strategies, balancing life, and cultivating both inside and outside can you win in the cryptocurrency circle.
If you want to get rich in the cryptocurrency circle, choose the right currency to hold.
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