Teach you how to choose high-quality currencies in ten minutes~

贪财有道蟹老板 · 2023-11-24T04:19:51.000Z

1. Plummeting is the touchstone of high-quality coins. If the market plummets and the coin you hold drops slightly, it is obvious that the banker is protecting the market and refusing to fall. Therefore, this coin can be held with confidence and the gains are not small. 2. Novices don’t know how to buy and sell. The simplest and most direct method is to hold the currency for a week in the short term and sell when it breaks the weekly line. In the mid-term, hold the currency on the monthly line and sell out when it breaks the monthly line. There are countless methods, which are suitable for your talents. It is the best. The difficulty of trading is not that there is no method, but the difficulty is execution. If you insist on repeating a method without thinking, more than 90% of people have no problem, but can you persist?

A sharp drop is a touchstone for high-quality coins. When the market plummets, the coins you hold fall slightly. It is obvious that the market makers are protecting the market and refusing it to fall. Therefore, you can hold on to such coins with confidence and reap considerable rewards.
Newbies don’t know how to buy and sell. The simplest and most direct method is to hold the short-term for a week and sell when the weekly line is broken. Hold the currency on the monthly line in the medium term and sell it when the monthly line is broken. There are countless methods, and the one that suits you is the best. The difficulty of trading is not that there is no method, but the execution. More than 90% of people have no problem with blindly repeating a method, but can you persist?
Once the main upward wave is formed and there is no obvious increase in volume, intervene decisively. If the volume rises, hold the currency. If the downward trend of shrinking volume is not broken, hold the currency. If the downward trend of large volume breaks the trend, reduce your position quickly.
When a coin is trending upward, don’t look at any other indicators except trading volume. Hold it if the volume is shrinking or flat. Run if the volume is huge. Volume and price are the soul. Volume is water and price is the boat.
If there is no fluctuation within three days after a short-term purchase, sell it if you can. If the price does not rise but falls after the purchase, stop loss unconditionally at a loss of 5%.
If a coin falls 50% from its high and continues to fall for seven consecutive days, it has entered the oversold channel and an oversold rebound is imminent, so you can follow up.
When speculating in cryptocurrencies, you should speculate in leading coins and only invest in leading coins, not miscellaneous coins, because when the market is rising, the leading coins will rise the most rapidly, and when the market is falling, the most resistant to falling. Don't be afraid to get in. Cryptocurrency speculation is often against human nature. Don't buy because the market has fallen a lot, and don't not buy because the market has risen a lot. The more you are afraid to buy, the more it will rise, and the more you dare to buy, the more it will fall. The strong will always be strong. The most important thing for short-term speculation in leading coins is to buy high and sell higher.
Embrace the trend and go with the flow. The lower the buying price, the better; the more appropriate the better. You will not gain an advantage simply by buying at a cheap price, because there is no bottom to the decline. Give up junk coins; the trend is the truth.
Don’t be carried away by temporary profits. The most difficult thing is how to make continuous profits. You must review the past carefully to see whether it is luck or strength. A stable trading system that suits you is the way to continuous profits.
Don’t trade for the sake of trading. What does it mean? When you are not sure enough that this transaction can make a profit, don’t force to open a position. Going short is a science. The one who knows how to buy is the apprentice, the one who knows how to sell is the master, and the one who knows how to go short is the forefather. The first thing to consider in trading is not profit, but capital preservation. What matters in trading is not frequency but success rate.
In the speculative market, the most wrong approach is to adapt to changing circumstances. Use your own fixed trading system and stick to it in the face of ever-changing situations. I am not afraid that you use 10,000 methods, but I am afraid that you use one method 10,000 times. Not moving is the best defense. Often, you make the most mistakes when you are most reluctant.
The outside world is uncontrollable, so look for the inside world. Never blame others for your failures. This is extremely important. No matter how low you fall, you must take full responsibility for your own decisions. Only by taking responsibility can you face your mistakes and not repeat them. Real cryptocurrency traders are warriors who dare to face their mistakes.
Don’t listen to outside gossips and just follow what others say. Oftentimes, what you see is what they want you to see, or what you want to hear. When you are not interested in the media or any methods of experts, you are not far from success, because you have your own trading rules.
You think you are trading the market, but in fact you are trading yourself. The glamorous success that we see is just the result and performance. Behind success is great perseverance and patience, and behind greatness is suffering. Time is the most valuable asset, endurance is better than brain power, talent is not important, mentality is very important.
The above content is summarized by major Vs