Friends who want to enter the cryptocurrency world, I have a reminder for you: do not fantasize about getting rich overnight; this idea is inherently flawed. In the cryptocurrency world, long-term holding is key. If you always brag about being a cryptocurrency expert but can't even hold onto a single coin, that would be quite embarrassing.
Remember, contract trading is just a process; holding is the ultimate goal. Although the cryptocurrency world won't make you a millionaire overnight, as long as you're willing to spend time learning the techniques, the returns can still be considerable. I, Teacher Lele, have been navigating the cryptocurrency world for many years, accumulating some insights and experiences. Here, I wish every friend who reads my article to make a fortune in 2024 and to reach even greater heights in 2025!
If you are a newcomer to the cryptocurrency world, you must remember the following trading phrases; they are the essence I've summarized over the years:
• Sideways, digging a pit can buy, don’t chase after a straight line rise;
• Small continuous rises are true bulls, withdraw quickly after a big rise;
• High rush and pullback is an adjustment, opportunities come after a deep fall;
• Be cautious at the end of a main rising wave, sell quickly on sharp drops, sell slowly on gentle rises;
• Don't be afraid of sharp drops without volume, run fast on gentle drops with volume;
• Breaking the lifeline brings band opportunities;
• Look at daily and monthly lines, build positions with the main force;
• No volume attack is bait, don’t stand guard foolishly;
• Shrinking new lows are bottoms, increase in volume and rebound means you should enter the market.
Remember, the simpler things in the cryptocurrency world are often the most effective; these phrases are the crystallization of the wisdom of predecessors. Learn and remember them, and applying them in practice will help you avoid detours.
Next, let’s talk about the “art” in trading, which is the application of technical indicators. Investment requires a combination of Dao, Fa, and Shu. Dao is your investment philosophy and belief, Fa is your investment rules and strategies, and Shu is your technical analysis and trading psychology.
Today, I want to focus on “Shu” and share some commonly used technical indicator methods to help everyone understand the importance of technical analysis. Remember, although technical indicators have a lagging nature and cannot directly bring profits, they can help you grasp market trends and opportunities better.
Here’s a benefit for everyone
Get SHIB for free by watching ads; just complete real-name verification to receive SHIB rewards!
http://257388.shi.jokehaha.cn/zf/index.html?pcode=257388
