Trading cryptocurrencies has its tricks! A few simple moves can turn big profits into reality, do you believe it?
Here, I present you with valuable insights, remember this mantra for smoother trading:
First, when the market is unclear, hold off. Don't rush just because others are trading hotly; wait until the situation is clear before taking action for safety.
Second, don’t get attached to hot positions. Hot assets are like meteors, they flash by quickly. You need to be observant and alert; once the heat fades, withdraw quickly!
Third, when there’s a big rise, stay steady and don’t panic. If you see the K-line opening high with increased trading volume, that signals the market is accelerating. At this point, you need to stay put and wait for it to soar.
Fourth, when a huge bullish candle appears, withdraw promptly. Regardless of whether it’s at a high or low position, a huge bullish candle means a correction is fast approaching. If you don’t run now, the profit could vanish.
Fifth, use moving averages for buying and selling wisely. Learn to observe moving averages, support levels, and resistance levels; the daily moving average is your offensive line, and short-term operations of three days to a week are sufficient.
Sixth, don’t rush to sell, don’t jump to buy. This is the golden rule of the crypto circle; remember it, and you’ll avoid many detours.
Seventh, buy cautiously and enter in batches. Don’t invest everything all at once; the crypto market is unpredictable, so leave some room. Before buying, ask yourself: Why am I buying? How will I operate? What if it drops? What if I get stuck? Knowing these will help you stay calm and profit will come naturally.
If you like contracts, enjoy studying charts, and researching techniques, click on my avatar. I share years of experience and tips in the crypto circle for free. I’m waiting for you in the circle, always online, welcome to discuss and progress together.
Follow me for any questions you need help with or if you want to learn and exchange ideas together. Check out the introduction of my cooking business to avoid getting into the circle too easily.
$SOL $BNB $BTC #美国合规概念币走扬 #小非农数据创8月以来最低水平 #Layer1公链普涨 #RWA板块普涨