After my experience in the cryptocurrency circle, I have summarized these ten golden rules to help you trade cryptocurrencies steadily and support your family.
1: After the peak of profits, go short at the right time and learn to temporarily leave the market, because 365 days are trading days!
2: If you lose money for three consecutive days, go short immediately, think deeply about the source of the loss, and prevent yourself from falling into the wrong trap again.
3: When the market diverges, it is not advisable to trade, because the market fluctuates greatly at this time and it is easy to lose money.
4: If the price of the currency opens more than five points higher, you need to be cautious, as it may be a trap and it is easy to get into trouble.
5: When the price of the currency is high and the volume is large, it is not advisable to chase the rise, as it may be a trap to avoid becoming a receiver.
6: Buy low when the market is weak, and take over when it is strong, and respond flexibly to market changes.
7: If you are not sure, do not increase your position, and building positions in batches is the steady way.
8: Only make moves in familiar operation modes to earn profits within your cognitive range.
9: Avoid left-side trading, do not intervene in the market too early, and wait for the best time.
Ten: Do not participate in the downward trend, follow the market trend, and avoid counter-trend operations.
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