After years of ups and downs in the cryptocurrency circle, I have learned eight practical tips from the ups and downs. After years of working in the cryptocurrency circle, I have condensed my practical experience into eight tips, which can help me avoid most detours. 1. The morning market is full of mysteries, and the market signals are pure: when the price drops sharply, panic trading may become a low-price opportunity; if the market surges in the morning, you need to stop profit in time to avoid callback losses. 2. Distinguish the real from the fake in the afternoon fluctuations, and be cautious about chasing the big drop when the price surges. The afternoon surge is mostly short-term capital speculation, and it is easy to get trapped when chasing high prices; you can wait and see if the market plunges in the afternoon, and the entry point may be lower in the morning of the next day. 3. Stay calm in the face of decline, and don't take the early market fluctuations seriously. The early morning plunge is often a wash, so don't blindly sell; there is no need to worry when the market is sideways, just wait for opportunities.
4. Buying and selling have their own fixed stars, don't act until the point is reached.
Don't buy or sell easily before the target price is reached to avoid making less profit or failing to buy at the bottom; the direction is unclear in the sideways stage, so it is not suitable to trade.
5. Yin and Yang K-line indicates the direction, buy Yin line and sell Yang line.
Yin line represents price correction, you can choose to buy; Yang line shows short-term rise, it is advisable to sell at high prices to lock in profits.
6. Reverse thinking breaks the puzzle, everyone is drunk but I am sober.
Keep calm when the market is crazy and avoid following the trend; when panic selling, you can look for opportunities to be killed by mistake and operate in reverse.
7. Endure the consolidation stage and make a move when the direction is clear.
When consolidating at high or low levels, you need to wait patiently and wait until the trend is clear (upward or downward) before taking action to increase the winning rate.
8. Don't miss the tail of the high rush, run away if it goes sideways at high levels.
After going sideways at high levels, it suddenly rises, which is mostly a signal of shipment. You should sell it in time and put the money in the bag.
Remember these tips, control your hands and keep calm, so that you can seize opportunities in the cryptocurrency circle for a longer period of time. #ethana