Want to become a master in cryptocurrency trading? Don't miss these eight key phrases!

In the world of cryptocurrency trading, the waves are hidden and turbulent. But there will always be wise individuals to guide us, enlightening the younger generation. These eight key phrases for trading are the ultimate skills that will help you navigate the bear market without hindrance!

1. When stuck in losses, seek to break even; seeking profit is greed.

In cryptocurrency trading, there will always be some coins that you get stuck in. At this time, remember not to wishfully think about turning losses into profits. Being overly eager for quick gains will only lead you deeper into trouble. Honestly average down to protect your capital for long-term survival.

2. Calm waters may hide high waves; be cautious of the upcoming turbulence.

The cryptocurrency market may appear calm, but in reality, there are undercurrents. Do not be deceived by minor price increases; stay alert and beware of the large fluctuations that may follow.

3. After a big rise, there will inevitably be a correction; the K-line forms a triangle over several days.

When the price of a coin skyrockets, do not get overly excited. Because after this, there will surely be a correction. Look at that line; isn't it an equilateral triangle drawn over several days?

4. Buy on the way down, not on the way up; sell on the way up, not on the way down; to act against the market is to be a hero.

When buying coins, choose to do so during a downtrend; when selling, do so during an uptrend. Going against the trend can lead to unexpected victories.

5. Don’t sell when prices are high, don’t buy when prices are low; don’t trade in a sideways market.

When prices soar, don’t rush to sell; when they plummet, don’t rush to buy. During sideways trading, keep your hands steady and observe the changes.

6. In an uptrend, watch for support levels; in a downtrend, watch for resistance levels.

When the price is rising, pay attention to support levels to avoid retracements. When the price is falling, watch for resistance levels to find buying opportunities.

7. Full capital operations are a major taboo; being stubborn is unwise; know when to stop amidst constant changes; enter and exit freely while observing the market.

Do not operate with full capital; avoid betting everything. The cryptocurrency market is unpredictable; know when to take profits and enter and exit freely. Observe the changes calmly to grasp the best opportunities.

8. Trading is about mindset; greed and fear are major harms. Be cautious when chasing price movements, and maintain a calm and relaxed state of mind. In trading, mindset is crucial. Greed and fear are our greatest enemies. Avoid chasing prices up and down; maintain a peaceful mindset.

Finally, let us remember these eight key phrases, confidently navigate the bull and bear markets, and become true cryptocurrency trading heroes!