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Do you know? Cryptocurrency Speculation actually has its tricks. As long as you operate simply, making big money is not impossible. Do you believe it or not?
Let's get straight to the point. All you need to remember is the following mnemonic:
First, stay on the sidelines and wait for the market to change. When the market is not very clear, don't rush, be patient and wait for the direction to become clear before taking action, so as to be more secure.
Secondly, don't get attached to hot positions, and change positions frequently. You can't get too attached to those popular positions, you know. Once the heat is gone, the funds will be withdrawn. If you react slowly, you'll easily get trapped. So you need to always pay attention to the position and change it in time.
Third, there is a big gap up, hold it firmly. In the process of rising, if you see a high opening positive line on the K-line, and the volume also increases, it means that the market is accelerating. At this time, you have to hold the coins steadily and wait for it to continue to rise.
Fourth, a large volume of positive candles, leaving the market at the end of the day. Whether it is at a high or low position, as long as there is a large volume of positive candles, there is a high probability of a pullback afterwards. Even if it hits the limit up, it is necessary to withdraw quickly, otherwise the profits in hand will be lost, which is a pity.
Fifth, buy online in the dark and sell offline in the light. You need to learn to look at key indicators such as moving averages, support levels, and resistance levels. The daily moving average is like the attacking line, usually observed for three days to a week. If you are doing short-term trading, don't procrastinate.
Sixth, don't sell when the price is high, don't buy when the price is low, and don't move in a sideways market. This is a very important survival rule in the cryptocurrency world, so be sure to remember it.
Seventh, be prepared before buying and focus on making small purchases. Don't invest all your funds at once, as the cryptocurrency market is highly volatile and unpredictable. Before buying, ask yourself four questions: Why do you want to buy? How do you plan to operate? What if the price drops? What if you get stuck in a losing position? Only when you have clear answers to these questions can you respond effectively and turn stable profits into reality. #BTC #ETH #GateioInto11