First, adding to your position while trapped to seek capital preservation is wise; hoping for profits is greed.
When trading cryptocurrencies, there will always be a few coins that get trapped. At this time, remember not to fantasize about turning losses into profits; being eager for quick gains will only trap you deeper. Honestly adding to your position to protect your capital is the way to ensure steady returns.
Second, when the calm surface has a high wave, beware of the big waves that follow.
The cryptocurrency market seems calm on the surface, but in reality, there are undercurrents. Do not be deceived by small increases in the present; remain vigilant and beware of the upcoming large fluctuations.
Third, after a sharp rise there must be a correction, and the candlestick chart will show a triangle over several days.
When the price of cryptocurrencies soars, do not be overjoyed. Because after this, there will inevitably be a correction. Look at that candlestick chart; isn't it just an equilateral triangle outlined over several days?
Four, buy on the decline, not on the rise; sell on the rise, not on the decline. Moving against the market trend is the mark of a hero.
When buying coins, choose the time of decline; sell coins when the price is rising. By going against the trend, one can achieve unexpected success.
Five, do not sell when the price is high, do not buy when it drops sharply, and do not trade during sideways movements.
Do not rush to sell when the price is high, and do not rush to buy when it drops sharply. During sideways movements, it is even more important to restrain oneself and observe the changes.
Six, in an upward trend, look for support levels; in a downward trend, look for resistance levels.
When the coin price is rising, pay attention to support levels to prevent reversals. When the coin price is falling, keep an eye on resistance levels to buy at the bottom.
Seven, operating with a full position is a major taboo; acting on one's own without restraint is unwise. One must know when to stop amid constant changes and enter and exit with ease while observing the situation.
Do not operate with a full position, risking everything. The cryptocurrency market is unpredictable; one must know when to take profits and enter and exit freely. Observe the changes quietly to grasp the best opportunity.
Eight, trading coins is about mentality; greed and fear are the greatest harms.
Chasing price fluctuations must be done with caution; a calm mind brings freedom. In trading coins, mindset is crucial. Greed and fear are our greatest enemies; avoid chasing highs and selling lows, and maintain a peaceful mindset.#比特币流动性 $BTC
