$ALLO After ten years of cryptocurrency trading, I have summarized these 8 iron rules to share with everyone, especially for friends who want to make a living from trading cryptocurrencies. Without some experience, it's really not feasible! Every time I prepare to enter the market, I silently recite these principles; they help me 'survive' through numerous market crashes. I hope they can also be of some help to you! $ZEC

1. Entering the market without looking at candlestick charts will definitely lead to problems.

Don't just look at daily candlestick charts, especially for short-term operations; you must look at the 30-minute candlestick charts. Whether the market is stable is also key! Sometimes, when you see a candlestick with a long upper shadow, you think there’s no opportunity, but the next day it pulls up significantly, and you never expected that it's a signal revealed by the 30-minute candlestick chart.

2. If the trend is wrong, don’t attempt to go against it.

If the trend and order are not right, we absolutely cannot go against the trend! The rise has its rhythm; don’t rush to disrupt it. Going with the trend is the way to succeed!

3. Don’t trade coins without hotspots.

For short-term trading, hotspots are crucial! If you haven’t found a potential hotspot, it’s best to give up. Otherwise, trading becomes gambling, which is meaningless.

4. Trading should have a plan; don’t act impulsively.

Every operation must have a plan; impulsiveness is the devil! Before entering the market, you must think clearly, so you can avoid stepping into a pit.

5. Don’t casually trust others.

Others’ opinions are just for reference; the final decision should be based on your own analysis and judgment! Just because someone says it’s going up doesn’t mean you can make money; just because someone says it’s going down doesn’t mean you will lose.

6. Confirm the direction before selecting coins.

First, lock in the market's general direction, then select coins. If the direction is correct, choosing coins will be easier! If the direction is wrong, it’s useless no matter how you choose.

7. Don’t guess the bottom; don’t gamble on rebounds.

Don’t always think, 'This is going to rebound now,' and then have a shakeout. For short-term operations, it’s best to directly invest in coins that are currently rising, avoiding the minefield of bottom rebounds.

8. Stay calm after big gains or losses.

Regardless of whether you make a lot or lose a lot, immediately go to cash! Stop and think calmly, reflecting on the reasons for big gains or losses. As long as you do this step well, the chances of success when you operate again will be higher!

Trading cryptocurrencies must be solid; you need to be patient and have a plan to potentially profit steadily. #美联储重启降息步伐 #加密市场观察