1. Establish a good investment system. When entering a certain currency, first ask yourself if there is an entry point, and when you want to leave, ask yourself where your exit point is? Such a thinking system can benefit you for life, and this is the way to quickly grow in the currency circle.
Second, get used to entering the market when the volume breaks through and falls back. This way, the risk is much smaller. Only do the mainstream and don't do miscellaneous speculation. Many times, it is against human nature. Don't be afraid to buy just because the price has risen too high. The more you dare not buy, the more it will rise. The more you dare to buy, the more it will rise. The strong will always be strong.
3. Don’t limit your coin selection to the daily level. For long-term investment, you can choose the coin that has broken away from the bottom of the weekly line. In this way, even if your technology is not in place and you hold the coin for a longer period of time, you can eventually make money and leave the market. The longer the bottom consolidation period, the higher the cost of the main force, which is worth paying attention to. After entering a certain coin, if the account has a profit of 50%, you can choose to reduce the position by 50%. In this way, no matter what happens in the future, you can make up for the position when it is adjusted down, and remove it when it goes up, so that the cost can quickly become negative.
4. Always remember that opportunities arise during pullbacks, and risks arise during rises.
5. When others are enthusiastic, we should walk away. When others abandon, we should pick it up.
6. For short-term operations, after holding on to a certain currency, if there is no expected trend within three days, you should exit if you can. If you lose 20% after entering the market, you must stop loss unconditionally.
7. The most important thing in the currency circle is to follow the trend and embrace the trend. You must understand that the price of the currency is not the price. The cheaper the better, the better the entry point, the more worthwhile it is to intervene. If the price is cheap, you will not gain any introduction. Give up unpopular currencies, learn to follow the trend, and speculate on new ones instead of old ones.