Twelve pieces of advice from a veteran to newcomers in the cryptocurrency world
First advice
The cryptocurrency market has gone through its period of wild explosion. What follows is the stage of formal financialization and the competition among capital institutions. Stop dreaming about increasing the value of a coin by dozens or even a hundred times. According to the current market sentiment, coins that can increase tenfold are rare. Even if the bull market really comes, there won’t be many coins that can increase more than tenfold.
Second advice
Investing in new stocks in the primary market does indeed mean small investments with big returns, but those who recommend you to invest in the primary market will not tell you that 99% of the projects will return to zero.
A few iron rules for newcomers to trade cryptocurrencies
1: Divide your funds into 5 parts, only invest one-fifth each time, control the stop loss of 10 points, and only lose 2% of the total funds if you make a mistake once, and only lose 10% of the total funds if you make a mistake 5 times.
2: Go with the trend, every rebound in the downward trend is to lure more, and every decline in the upward trend will create a golden pit.
3: Don't touch individual coins that have soared rapidly in the short term, and high-level stagflation will naturally fall.
4: Use MACD to determine the entry and exit points. The steady entry signal is that the DIF line and DEA go out of the golden cross below the 0 axis and break through the 0 axis. The signal for reducing positions is that MACD forms a dead cross above the 0 axis and runs downward.
5: Never cover your position when you are losing money, but add positions when you are profitable. Volume and price indicators are also very important. Pay attention to the large-volume breakthrough of the currency price at the low level of consolidation, and exit decisively when the high-level stagflation occurs. Only do strong currencies with valuable upward trends.
I still say that, if you come to me, I can take you to the shore, just lie down, I will not let the fans miss out, fans who click to follow me, I will help you advance to the group, +巍;wrxp0609 Old fans know what the strength is, those who don’t know can follow me to see the strength! $BTC $ETH $SOL
If you always lose money when trading cryptocurrencies, you need to remember these trading tips:
1. Buy horizontally and buy pits, not vertically, the selling point is at the boiling point;
2. Continuous small increases are real increases, and continuous large increases require exiting the market;
3. A sharp rise requires a pullback, and no deep pits are dug;
4. The main rise must reach its peak when accelerating, and sell quickly when it drops and sell slowly when it rises;
5. A sharp drop without volume is a threat, and a slow drop with large volume is a quick withdrawal;
6. If the price breaks through the lifeline, do not hesitate to make waves;
7. Look carefully at the daily and monthly lines, and follow the main force to build a position;
8. If the coin price rises without volume, the main force will lure more, so don't stand guard;
9. A new low with shrinking volume is a bottom image, and you need to enter the market when the incremental increase rebounds; I say the same thing, if you come to me, I can take you ashore, you just lie down, I won't let fans miss out, fans who click to follow me, I will take you to the qun, +伟;wrxp0609 Old fans all know what strength is, and those who don't know can follow me to see strength!
Twelve pieces of advice for newcomers in the cryptocurrency world!
First advice
The cryptocurrency market has gone through its period of wild explosion. What follows is the stage of formal financialization and the competition among capital institutions. Stop dreaming about increasing the value of a coin by dozens or even a hundred times. According to the current market sentiment, coins that can increase tenfold are rare. Even if the bull market really comes, there won’t be many coins that can increase more than tenfold.
Second advice
Investing in new stocks in the primary market does indeed mean small investments with big returns, but those who recommend you to invest in the primary market will not tell you that 99% of the projects will return to zero.
Fifteen trading principles for newcomers in the cryptocurrency circle (regardless of spot or contract)
Forward comments + collection to remind yourself from time to time
First: Protect the principal, control the maximum retracement, don't hold on, and decisively stop loss when your own retracement is triggered
Second: Don't be greedy, stable and small profits
Third: Don't spread out varieties, never fill the warehouse, and trade with the trend
Fourth: Don't hold a heavy warehouse, don't trade frequently
Fifth: Don't buy in a hurry, sell decisively, and don't delay stop loss
Fifth: Stop loss is a hard truth
Sixth: You can't make all the money, but you can lose it all
Seventh: Is it stable in the short term or in the long term? It is the most stable to take the money and put it in the bag
Article 8: What never changes in the market is that things will turn around when they reach their extremes
Article 9: It is normal to miss a deal, just grab what you can understand
Article 10: Waiting for opportunities is more important than finding them
Article 11: Complete your goals and stop trading
Article 12: Stop loss is your own, profit is given by the market
Article 13: Money is earned by sitting and waiting
Article 14: Mentality is not worth mentioning in front of desire
Article 15: The money you take out is the real money As I said, if you come to me, I can take you ashore, you just lie down, I won’t let fans miss out, fans who click to follow me, I will take you Jinqun, +Wei;wrxp0609 Old fans all know what strength is, if you don’t know, you can follow me to see the strength! $PEPE $BTC $ETH
Nine principles of the cryptocurrency circle, understand them and avoid three years of detours:
1. Don't be easily deceived by low-priced chips, be firm in your faith, and prevent the dog dealer from knocking and smashing the market;
2. Chasing up and killing down, and entering and exiting with full positions are always taboos. The general trend is favorable. Building positions in batches when the market falls has lower risks, lower costs, and greater profits than chasing up;
3. Reasonably distribute profits and maximize the release of funds, rather than constantly adding positions;
4. When the market rises sharply, sell the capital, and when the market falls sharply, keep the currency. At any time, you must have a positive mentality, do not speculate, be impetuous, be greedy, be fearful, and do not fight unprepared battles;
5. The ambush or private placement of low-priced coins in the front is to rely on experience and bet on the future of the coin with the dog dealer. The secondary market game in the back is to rely on technical and news aspects to follow the dealer. Don't put the cart before the horse and end up in a mess.
6. When building a position or shipping a product, you must divide it into different levels, and gradually open up the price level to effectively control the ratio of risk and profit.
7. Be familiar with the linkage effect. When trading coins, look at the market, and pay attention to the trends of other coins. Each coin is not isolated in the market. It seems that there is no connection, but in fact it is intricate. The linkage effect requires understanding of the coin and making full use of the consulting tool APP.
8. Reasonable allocation of positions. The allocation of hot coins and value coins should be reasonable. Pay attention to the pressure resistance and the ratio of profit intake. Being too conservative will miss opportunities, and being too aggressive may face high-risk risks!
The biggest feature of value coins is stability, and the biggest feature of hot coins is violent volatility. It may rise to the sky or return to zero in one battle.
9. Investing with idle money is the foundation. Having coins on the market, oil in the account, and money in the pocket is the safest and most secure standard. You can't go all-in. The grasp of risk control and the reasonable allocation of funds are the key to your mentality and success or failure. I still say that, if you come to me, I can take you to the shore, just lie down, I will not let the fans miss out, fans who click to follow me, I will help you advance to the group, +巍;wrxp0609 Old fans know what the strength is, those who don’t know can follow me to see the strength! $BTC $BNB $SOL
Twelve pieces of advice for newcomers in the cryptocurrency world!
First advice
The cryptocurrency market has gone through its period of wild explosion. What follows is the stage of formal financialization and the competition among capital institutions. Stop dreaming about increasing the value of a coin by dozens or even a hundred times. According to the current market sentiment, coins that can increase tenfold are rare. Even if the bull market really comes, there won’t be many coins that can increase more than tenfold.
Second advice
Investing in new stocks in the primary market does indeed mean small investments with big returns, but those who recommend you to invest in the primary market will not tell you that 99% of the projects will return to zero.
If you always lose money when trading cryptocurrencies, you need to remember these trading tips:
1. Buy horizontally and buy pits, not vertically, the selling point is at the boiling point;
2. Continuous small increases are real increases, and continuous large increases require exiting the market;
3. A sharp rise requires a pullback, and no deep pits are needed to buy;
4. The main rise should reach its peak, and a sharp drop should be sold quickly, and a slow rise should be sold slowly;
5. A sharp drop without volume is a threat, and a slow drop with large volume should be withdrawn quickly;
6. If the price breaks through the lifeline, do not hesitate to make waves;
7. Look carefully at the daily and monthly lines, and follow the main force to build a position;
8. If the coin price rises without volume, the main force will lure more, so don't stand guard;
9. A new low with shrinking volume is a bottom image, and an incremental rebound requires entry; Again, if you come to me, I can take you ashore, you just lie down, I won't let fans miss out, fans who click to follow me, I will take you to the qun, +伟;wrxp0609 Old fans all know what strength is, and those who don't know can follow me to see strength!
Some tips for playing contracts: 1. Exchange operations are sometimes like robots, so you have to be on guard at all times.
2. If something happens to the project boss, the market will still move as it should, and no one can predict it.
3. Don't take too big a position, and don't play too high a leverage. Those who show off high returns have big risks behind them. You have to make money steadily, and don't always think about quick money.
4. Set a line for yourself to run when you make money and stop when you lose money. Don't be too greedy. The market changes quickly and you will be cut if you are not careful.
5. Do it when you decide, don't dither, and trust your own vision.
6. Stay calm, don't compete with the machine for speed, especially at night, when the market fluctuates greatly and it is easy to get into trouble. Have a good mentality, don't be afraid of losing, and start over.
7. Playing contracts is just like playing a small game, don't really think it can change your destiny. Play with small money for fun, don't sell your house and iron to get in. Just think of it as buying a lottery ticket. It's exciting, but you have to take the risk yourself. I still say that if you come to me, I can take you ashore. Just lie down. I won't let fans miss out. I will help you advance to the group if you click to follow me. +巍;wrxp0609 Old fans know what strength is. If you don't know, you can follow me to see the strength! $WIF $SOL $PEPE
Twelve pieces of advice from a veteran to newcomers in the cryptocurrency world
First advice
The cryptocurrency market has gone through its period of wild explosion. What follows is the stage of formal financialization and the competition among capital institutions. Stop dreaming about increasing the value of a coin by dozens or even a hundred times. According to the current market sentiment, coins that can increase tenfold are rare. Even if the bull market really comes, there won’t be many coins that can increase more than tenfold.
Second advice
Investing in new stocks in the primary market does indeed mean small investments with big returns, but those who recommend you to invest in the primary market will not tell you that 99% of the projects will return to zero.
Some suggestions for newcomers in the cryptocurrency circle, worth reading!
1. Don't buy all at once, buy coins slowly, and wait for the right time to make a move.
2. Stop making money in time, don't be greedy, set stop-profit and stop-loss to reduce risks.
3. Don't listen to other people's nonsense, and have your own opinions.
4. It is more reliable to save money slowly. There is no fate of getting rich overnight. You must learn to be steady and keep the principal.
5. You have to be slow in playing the cryptocurrency circle, stay calm and rational, so that you can make steady money. Again, if you come to me, I can take you ashore, you just lie down, I won't let fans miss the opportunity, fans who follow me, I will take you Jinqun, + Wei; wrxp0609 Old fans all know what strength is, if you don't know, you can follow me to see the strength! $BTC $SOL $BONK
Nine principles of the cryptocurrency circle, understand them and avoid three years of detours:
1. Don't be easily deceived by low-priced chips, be firm in your faith, and prevent the dog dealer from knocking and smashing the market;
2. Chasing up and killing down, and entering and exiting with full positions are always taboos. The general trend is favorable. Building positions in batches when the market falls has lower risks, lower costs, and greater profits than chasing up;
3. Reasonably distribute profits and maximize the release of funds, rather than constantly adding positions;
4. When the market rises sharply, sell the capital, and when the market falls sharply, keep the currency. At any time, you must have a positive mentality, do not speculate, be impetuous, be greedy, be fearful, and do not fight unprepared battles;
5. The ambush or private placement of low-priced coins in the front is to rely on experience and bet on the future of the coin with the dog dealer. The secondary market game in the back is to rely on technical and news aspects to follow the dealer. Don't put the cart before the horse and end up in a mess.
6. When building a position or shipping a product, you must divide it into different levels, and gradually increase the price to effectively control the ratio of risk and profit.
7. Be familiar with the linkage effect. When trading coins, look at the market, and pay attention to the trends of other coins. Each coin is not isolated in the market. It seems that there is no connection, but in fact, it is intricate. The linkage effect requires understanding of the coin and making full use of the consulting tool APP.
8. Reasonable allocation of positions. The configuration of hot coins and value coins should be reasonable. Pay attention to the pressure resistance and the ratio of profit intake. Being too conservative will miss opportunities, and being too aggressive may face high risks!
The biggest feature of value coins is stability, and the biggest feature of hot coins is violent volatility. It may rise to the sky or return to zero in one battle.
9. Investing with spare money is the foundation. Having coins on the market, oil in the account, and money in the pocket is the safest and most secure standard. You can't go all-in. The grasp of risk control and the reasonable allocation of funds are the key to your mentality and success or failure.
The same thing, if you come to me, I can take you ashore, just lie down, I won't let fans miss out, fans who click to follow me, I will take you to the group, + Wei; wrxp0609 Old fans know what the strength is, if you don't know, you can follow me to see the strength!
Twelve pieces of advice for newcomers in the cryptocurrency world!
First advice
The cryptocurrency market has gone through its period of wild explosion. What follows is the stage of formal financialization and the competition among capital institutions. Stop dreaming about increasing the value of a coin by dozens or even a hundred times. According to the current market sentiment, coins that can increase tenfold are rare. Even if the bull market really comes, there won’t be many coins that can increase more than tenfold.
Second advice
Investing in new stocks in the primary market does indeed mean small investments with big returns, but those who recommend you to invest in the primary market will not tell you that 99% of the projects will return to zero.
The second half of the bull market is about to begin. Here are some suggestions for newcomers:
1. Never touch contracts, only play spot
2. Don't trade on small platforms, just use bn and ok
3. Reasonable position management, don't jump in, otherwise you will be very passive
4. Control your emotions, don't rush to chase when you see an increase, and don't rush to cut when you see a decrease.
5. Ambush value coins at low positions, and avoid non-value coins. It doesn't matter if value coins are temporarily trapped, as long as you have patience
6. There are many stories of getting rich overnight, just listen to them, keep a calm mind, slow is fast, and the same thing, if you come to me, I can take you ashore, just lie down, I won't let fans miss out, I will take fans who follow me to promote qun, + Wei; wrxp0609 Old fans all know what strength is, if you don't know, you can follow me to see strength! $BTC $BONK $SOL
Twelve pieces of advice from a veteran to newcomers in the cryptocurrency world!
First advice
The cryptocurrency market has gone through its period of wild explosion. What follows is the stage of formal financialization and the competition among capital institutions. Stop dreaming about increasing the value of a coin by dozens or even a hundred times. According to the current market sentiment, coins that can increase tenfold are rare. Even if the bull market really comes, there won’t be many coins that can increase more than tenfold.
Second advice
Investing in new stocks in the primary market does indeed mean small investments with big returns, but those who recommend you to invest in the primary market will not tell you that 99% of the projects will return to zero.
Nine principles of the cryptocurrency circle, understand them and avoid three years of detours:
1. Don't be easily deceived by low-priced chips, be firm in your faith, and prevent the dog dealer from knocking and smashing the market;
2. Chasing up and killing down, and entering and exiting with full positions are always taboos. The general trend is favorable. Building positions in batches when the market falls has lower risks, lower costs, and greater profits than chasing up;
3. Reasonably distribute profits and maximize the release of funds, rather than constantly adding positions;
4. When the market rises sharply, sell the capital, and when the market falls sharply, keep the currency. At any time, you must have a positive mentality, do not speculate, be impetuous, be greedy, be fearful, and do not fight unprepared battles;
5. The ambush or private placement of low-priced coins in the front is to rely on experience and bet on the future of the coin with the dog dealer. The secondary market game in the back is to rely on technical and news aspects to follow the dealer. Don't put the cart before the horse and end up in a mess.
6. When building a position or shipping a product, you must divide it into different levels, and gradually increase the price to effectively control the ratio of risk and profit.
7. Be familiar with the linkage effect. When trading coins, look at the market, and pay attention to the trends of other coins. Each coin is not isolated in the market. It seems that there is no connection, but in fact, it is intricate. The linkage effect requires understanding of the coin and making full use of the consulting tool APP.
8. Reasonable allocation of positions. The configuration of hot coins and value coins should be reasonable. Pay attention to the pressure resistance and the ratio of profit intake. Being too conservative will miss opportunities, and being too aggressive may face high risks!
The biggest feature of value coins is stability, and the biggest feature of hot coins is violent volatility. It may rise to the sky or return to zero in one battle.
9. Investing with spare money is the foundation. Having coins on the market, oil in the account, and money in the pocket is the safest and most secure standard. You can't go all-in. The grasp of risk control and the reasonable allocation of funds are the key to your mentality and success or failure.
The same sentence, if you come to me, I can take you ashore, just lie down, I won't let fans miss out, fans who click to follow me, I will take you to the group, + Wei; wrxp0609 Old fans know what strength is like, those who don't know can follow me to see the strength! $PEPE $BTC $SOL
5 little things newcomers to the cryptocurrency world should know
1: Don't use a wallet at the beginning. It is a safer choice to put the coins on a well-known exchange.
2: For new coins, it is best not to touch them, because their fluctuations are very large and difficult for newcomers to grasp.
3: Newcomers should avoid contract trading! This is very dangerous for newcomers and it is easy to lose money. Believe me, this is something you can't grasp! If you are not sure about investing in the cryptocurrency world, you can choose to buy Bitcoin and Ethereum.
4: Be mentally prepared before entering the cryptocurrency world. A 20% drop in one day is a common phenomenon. In addition to Bitcoin and Ethereum, don't invest all your money in other single currencies, especially altcoins! They may return to zero!
5: Position allocation is very important! Never "all in", keep "bullets" in your hand so that you can respond to market changes in a timely manner. I still say that, if you come to me, I can take you to the shore, just lie down, I will not let the fans miss out, fans who click to follow me, I will help you advance to the group, + Wei; wrxp0609 Old fans know what the strength is, those who don’t know can follow me to see the strength! $JTO $BOME $BTC
Fifteen trading principles for newcomers in the cryptocurrency circle (regardless of spot or contract)
Forward comments + collection to remind yourself from time to time
First: Protect the principal, control the maximum retracement, don't hold on, and decisively stop loss when your own retracement is triggered
Second: Don't be greedy, stable and small profits
Third: Don't spread out varieties, never fill the warehouse, and trade with the trend
Fourth: Don't hold a heavy warehouse, don't trade frequently
Fifth: Don't buy in a hurry, sell decisively, and don't delay stop loss
Fifth: Stop loss is a hard truth
Sixth: You can't make all the money, but you can lose it all
Seventh: Is it stable in the short term or in the long term? It is the most stable to take the money and put it in the bag
Article 8: What never changes in the market is that things will turn around when they reach their extremes
Article 9: It is normal to miss a deal, just grab what you can understand
Article 10: Waiting for opportunities is more important than finding them
Article 11: Complete your goals and stop trading
Article 12: Stop loss is your own, profit is given by the market
Article 13: Money is earned by sitting and waiting
Article 14: Mentality is not worth mentioning in front of desire
Article 15: The money you take out is the real money As I said, if you come to me, I can take you ashore, just lie down, I won’t let fans miss out, fans who click to follow me, I will take you Jinqun, +Wei;wrxp0609 Old fans all know what strength is, if you don’t know, you can follow me to see strength!
Twelve pieces of advice for newcomers in the cryptocurrency world!!
First advice
The cryptocurrency market has gone through its period of wild explosion. What follows is the stage of formal financialization and the competition among capital institutions. Stop dreaming about increasing the value of a coin by dozens or even a hundred times. According to the current market sentiment, coins that can increase tenfold are rare. Even if the bull market really comes, there won’t be many coins that can increase more than tenfold.
Second advice
Investing in new stocks in the primary market does indeed mean small investments with big returns, but those who recommend you to invest in the primary market will not tell you that 99% of the projects will return to zero.
Fifteen trading principles for newcomers in the cryptocurrency circle (regardless of spot or contract)
Forward comments + collection to remind yourself from time to time
First: Protect the principal, control the maximum retracement, don't hold on, and decisively stop loss when your own retracement is triggered
Second: Don't be greedy, stable and small profits
Third: Don't spread out varieties, never fill the warehouse, and trade with the trend
Fourth: Don't hold a heavy warehouse, don't trade frequently
Fifth: Don't buy in a hurry, sell decisively, and don't delay stop loss
Fifth: Stop loss is a hard truth
Sixth: You can't make all the money, but you can lose it all
Seventh: Is it stable in the short term or in the long term? It is the most stable to take the money and put it in the bag
Article 8: What never changes in the market is that things will turn around when they reach their extremes
Article 9: It is normal to miss a deal, just grab what you can understand
Article 10: Waiting for opportunities is more important than looking for opportunities
Article 11: Complete the goal and stop trading
Article 12: Stop loss is your own, profit is given by the market
Article 13: Money is earned by sitting and waiting
Article 14: Mentality is not worth mentioning in front of desire
Article 15: The money you take out is the real money As I said, if you come to me, I can take you ashore, you just lie down, I won’t let fans miss out, fans who click to follow me, I will take you Jinqun, + Wei; wrxp0609 Old fans all know what strength is, if you don’t know, you can follow me to see strength! $BTC $SOL $ETH