Today I would like to share with you some of my experiences in the cryptocurrency circle: Remember, capital is always bloody, and the cryptocurrency market is a game of funds. If you make money, others lose money, and profits will never emerge from a third party.
So at this time, the leeks should review the following 8 tips, which may be helpful to you:
Advice 1: Don’t be easily cheated of low-priced chips, be firm in your faith, and prevent the dealer from knocking the market down;
Advice 2: It is always a taboo to chase the rise and sell the fall, and to enter and exit with full position. The general trend is favorable. It is lower risk, lower cost and greater profit to open positions in batches when the market falls than to chase the rise.
Advice 3: Allocate profits reasonably and maximize the release of funds instead of continuously adding positions;
Advice 4: Sell your money when the price rises sharply, and keep your money when the price drops sharply. You should always have a positive attitude, do not speculate, do not be impetuous, do not be greedy, do not be afraid, and do not fight an unprepared battle.
Advice 5: The ambush or private placement of low-priced coins in the front is to rely on experience and bet with the dealer on the future of the coin. The secondary market game later is a process of following the dealer based on technical aspects and news. Don't put the cart before the horse, which will end up in a mess.
Advice 6: When building a position or shipping a product, you must do it in layers and segments, gradually increase the price gap, and effectively control the ratio of risk and profit.
Advice 7: Be familiar with the linkage effect, buy coins to see the market, and pay attention to the movements of other coins. Each coin is not isolated in the market. They seem to have no connection, but in fact they are intricately connected. To understand the linkage effect, you need to understand the coins and make full use of consulting tools.
Advice 8: Reasonable allocation of positions, hot coins and value coins should be reasonably configured, and attention should be paid to the pressure resistance and the ratio of profit intake. Being too conservative will miss opportunities, and being too aggressive may face high risks! The biggest feature of value coins is stability, and the biggest feature of hot coins is extreme volatility. It may rise to the sky or fall to zero in one battle.
