💥【Must-Read for Cryptocurrency Newbies: 20 Suggestions for Steady Progress】💥
When the funds are not large, seize the main rising wave: If the funds are within 100,000, seizing the main rising wave once a year is sufficient; do not frequently operate with full positions.
Cognition determines profit: You cannot earn money beyond your cognition. Practice mindset with a simulation account first; failing in real operations may lead to significant losses.
Develop a habit of reviewing: Regularly assess selected cryptocurrencies and held assets, and adjust strategies in a timely manner.
Sell promptly on major good news: If there is no sell-off on good news, sell on the second day when it opens high; behind unfulfilled good news often lies risk.
Sell at high points to avoid greed: Good projects should be held long-term, but sell at high points; do not miss opportunities due to greed.
Reduce positions before holidays, layout after: Reduce positions or go to cash a week before significant holidays or events; after the holiday, there is usually a big rebound market.
Exit on large bearish candles: If a large bearish candle appears on the daily chart, decisively exit the next day unless there is a bottom volume reduction.
Be cautious of cryptocurrencies at the bottom with increased volume: Increased volume may indicate the arrival of a turning point.
Leave enough cash for medium to long-term: Roll over operations, sell on rises, and buy back on dips.
Short-term look at trading volume and patterns: Engage with active cryptocurrencies that have large fluctuations; avoid inactive ones as much as possible.
The pace of decline determines the speed of rebound: When the decline is slow, the rebound is slow; when the decline accelerates, the rebound is quick.
Comparison of main forces and the market: The trend of main cryptocurrencies is different from the market; those that are consistent usually lack main forces.
Long-term horizontal volume rise: This may be an opportunity worth paying attention to.
Cut losses quickly on wrong purchases: Acknowledge mistakes; cutting losses in time is the way to survive.
Master a few methods: Having too many techniques but not mastering any can lead to mistakes. Focusing on a few methods is more effective.
Short-term 15-minute K-line: Combine the KDJ indicator to find ideal buy and sell points.
Distinguish between washing and selling volumes: Washing usually has reduced volume, while increased volume usually indicates selling.
Long-term look at moving averages and performance: A bullish alignment of the 60-day, 120-day, and 250-day moving averages, with performance support being more stable.
Do not sell if the cryptocurrency does not rise: Do not buy if it does not plunge; do not operate during sideways movements.
Do not be greedy in rises, do not panic in falls: Stay calm to trade easily.
💎 Follow Sister Si Si; her experience can help you avoid many detours!
