Experience in the crypto world, hope it can help you


After years of experience in the crypto world, I have summarized my experience into eight rules, after countless ups and downs.
1. Make good use of the morning market: In the morning, it is the purest time for market sentiment. If prices drop sharply, don't panic, this may be a good opportunity to 'buy the dip'; if prices rise steadily in the morning, don't be greedy, take the opportunity to sell and lock in profits.
2. Grasping the afternoon strategy: If there is a sudden surge in the afternoon, don't be impulsive and follow the trend to buy in. Most of the time it's just hype, and buying at a high price is risky. On the other hand, if there is a sharp drop in the afternoon, it's better to stay calm and observe for a while, then find the right opportunity to enter the market at a low point on the next day. This often results in acquiring low-priced chips.
3. Maintain a calm attitude towards the decline: When you wake up in the morning and see a sharp drop in coin prices, don't rush to cut losses and stop loss. The market changes rapidly, and the fluctuations in the early trading are often a 'deception'; if the market is stagnant and calm, don't be impatient, take a break and wait for opportunities.
4. Adhere to the trading rules: If the coins in hand have not risen to the expected high point, do not sell them easily, as even making less profit is still a loss; if they have not fallen to the psychological price level, control yourself from buying rashly to avoid buying at the halfway point; as for the sideways phase, where the trend is chaotic and the direction is unclear, trading at this time is undoubtedly like a blind man touching an elephant, it is better to observe from the sidelines.
5. According to the operation of Yin-Yang lines: buy on Yin line, sell on Yang line, which can be called a classic strategy. The appearance of Yin line means price correction and cheap chips, which is a good time to buy; the appearance of Yang line indicates the formation of short-term rising trend, and it is safe to sell high and cash in.
6. Reverse thinking breakthrough: to stand out in the crypto world, sometimes you have to go against the grain. When everyone is fervently chasing, be a bit more calm; when everyone is panicking and selling, be more courageous. Daring to operate in reverse can help you find niche opportunities for getting rich outside the mainstream trend.
7. Endure consolidation: Prices staying at high or low levels for a long time can be frustrating. At this time, do not be swayed by anxiety and act recklessly. Be patient and wait for the trend to become clear, whether it is an upward or downward movement, then take action with full force.
8. Seize the tail of the upward surge: After a long period of trading sideways at a high level, once it surges again, do not hesitate, this is probably the final frenzy. Sell in time, hold the actual profits in hand, otherwise it will be gone in a flash, and the cooked duck may fly #春节集福卡,赢周边和百万奖励# #DeFi概念代币走强,后市如何?# #AI币上涨,你推荐关注哪个?#
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