Perfecting the strategy of currency speculation
Core principles:
Don't chase the rise: the risk is high when the market sentiment is high, and look for opportunities to buy at a low point when the price falls, and hold for a long time. Diversify investment: avoid pressure orders, and disperse funds to reduce risks. Don't be fully invested: maintain liquidity and respond to new market opportunities.
Trading strategy:
High and low positions: wait and see when the direction is unclear, and wait for market signals. No trading when the market is sideways: reduce trading and observe calmly. K-line strategy: buy when the daily line closes negative, sell when the daily line closes positive, and judge in combination with other indicators. Pyramid position building: buy in batches to reduce the average cost. Be cautious during the adjustment period: operate cautiously when the market is sideways after continuous rise or fall.
Mindset and strategy:
Mindset is supreme: stay patient and calm, and think rationally. Clear strategy: formulate entry and exit strategies, including stop loss and take profit. Breakthrough entry: judge the entry time by combining technical barriers and trend lines. Long-term weekly line: pay attention to weekly trends and grasp the long-term direction. Pullback opportunities: consider buying when the market pulls back to the support level. Reverse thinking: analyze the market in depth and find potential opportunities. Short-term fast, accurate and ruthless: fast, accurate and decisive, but high risk, requiring market sensitivity and skills.
Summary: Cryptocurrency trading requires a stable strategy, a good mentality, clear planning, and flexible response to market changes.