The cryptocurrency market has been in turmoil recently, and I am also paying close attention to the market and trends of virtual currencies. After all, I also dream of getting rich by speculating in cryptocurrencies, but now I am even poorer. To be honest, although I comfort myself that I should speculate in cryptocurrencies in a Buddhist way, it would be a lie to not be anxious when faced with a sharp cut. Today, I happened to see someone posting cryptocurrency speculation skills in the group. After I read them carefully, I felt that they were pretty good and made sense, so I took this opportunity to share them with you.

1. Two-way trading: suitable for bull and bear markets. Two-way trading is the most common trading method of Jushi Wealth GGtrade. It can operate and invest according to the trend of the currency market. It can buy up and down. In addition, as the year is coming to an end, Jushi Wealth GGtrade platform has also launched a series of preferential benefits, such as: investment yield increased by 20%, which is a great blessing for the majority of investors.

2. Coin hoarding method: Suitable for bull and bear markets. Coin hoarding method is the simplest and the most difficult way to play. The simplest way is to buy a certain coin or several coins and hold them for half a year or more without operating them. Basically, the lowest return is ten times. However, it is easy for novices to see high returns or to consider changing or getting out of the market when the coin price is cut in half. It is difficult for many people to hold on for a month without operating, let alone a year. So this is actually the most difficult.

3. Bull market chasing method: only suitable for bull market. Use some spare money, preferably no more than one-fifth of the funds. This method is suitable for playing with coins with a market value of 20-100, because at least you won't be stuck for too long. For example, if you buy the first altcoin, and it rises by 50% or more, you can switch to the next coin that plummets, and so on. If you are stuck with the first altcoin, then continue to wait, and you will definitely be able to get out of it in the bull market. On the premise that the currency cannot be too bad, this method is actually not easy to control, and newcomers need to be cautious.

4. Hourglass replacement method: suitable for bull market. In a bull market, basically any coin you buy will rise. Funds are like a giant hourglass that slowly seeps into every coin, starting with the big coins. There is an obvious rule for the rise in coin prices, that is, the leading coins rise first, such as BTC, ETH, DASH, ETC, etc., and then the mainstream coins begin to rise, such as LTC, XMR, EOS, NEO, QTUM, etc. Then the coins that have not risen will rise generally, such as RDN, XRP, ZEC, etc., and then various small coins will rise in turn. But if Bitcoin rises, you can pick the next level, the coin that has not risen yet, and start to build a position.

5. Pyramid bottom-fishing method: suitable for predicted big crashes. Bottom-fishing method: 80% of the entrusted currency price is used to buy one-tenth of the bullet position, 70% of the entrusted currency price is used to buy two-tenths of the bullet position, 60% of the entrusted currency price is used to buy three-tenths of the bullet position, and 50% of the entrusted currency price is used to buy four-tenths of the bullet position.

6. Moving average method: You need to understand the basics of K-line. Set the indicator parameters as MA5, MA10, MA20, MA30, MA60, and select the one-day line. If the current price is above the MA5 and MA10 lines, hold it firmly. If MA5 falls below MA10, sell the currency. If MA5 rises above MA10, buy and open a position.

7. Violent coin hoarding method: trade coins you are familiar with, only suitable for long-term high-quality coins. If you have a working capital and a coin is currently priced at $8, you can entrust it to buy at $7. When the purchase is successfully executed, you can entrust it to sell at $8.8. Use the profit to hoard coins. Take out the working capital and continue to wait for the next opportunity. Adjust dynamically according to the current price. If there are three such opportunities in a month, you can hoard a lot of coins. The formula is that the opening price is equal to the current price multiplied by 90%, and the selling price is equal to the current price multiplied by 110%!

8. IOS’s violent compounding method: Continue to participate in ICOs. When the new coin increases by 3-5 times, take out the principal and invest in another ICO. The profits will continue to remain and the cycle will continue.

9. Cyclic Band Method: Find black-market coins like ETC, and add to your position when the price keeps falling. Continue to add to your position when the price falls again, and then continue to sell when you make a profit, repeating the cycle.

10. Violent play of small coins: If you have 10,000 RMB, divide it into ten parts and buy ten different types of small coins. The price is preferably within 3 RMB. After buying, don't worry about it. Don't sell it if it doesn't double by 3-5 times. Don't sell it if it is stuck. Put it aside for long-term investment. If a certain coin triples, take away the principal of 1,000 RMB and invest in another small coin. Then the compound interest income will be exaggerated!

What matters in cryptocurrency trading is mentality

Cryptocurrency trading is a psychological game, a contest of intelligence among millions of people, and a fierce psychological battle. The fluctuations in the cryptocurrency market reflect the psychological changes of both parties to the transaction to a certain extent. To a certain extent, cryptocurrency trading is all about psychological quality. In the long run, most of the ultimate winners in the cryptocurrency market are those with higher psychological quality and a calmer mentality.

Cryptocurrency speculation starts with curiosity and interest, then it becomes technology, then it becomes unexpectedness, unique vision, judgment, wisdom, and finally it becomes mentality and realm.

As the proverb in the cryptocurrency circle says, "The most important thing in cryptocurrency trading is mentality, mentality, and mentality."

Success is in the mindset, and failure is also in the mindset. In a certain period of time, the emotions, madness and rationality of the participants will play a decisive role in the buying and selling of the currency market. Without good psychological quality and a peaceful mindset, it is difficult to become a big winner in the end.

Sometimes the market trend can only be seen clearly after the fact. Why didn't you see it clearly beforehand? Why do you always lose money? In addition to technical reasons, you can look for reasons in your mentality. When the market is rising, you always want it to rise again, and greed replaces reason; when it is falling, your mentality is unstable, and you are always afraid that it will fall further, and fear blinds your eyes. Some people often swing between overconfidence and lack of confidence. They often make mistakes when they are overconfident and when they lack confidence, and they may completely lose confidence later.

Some people say that a good attitude for cryptocurrency trading is not to be happy when the price goes up, not to be sad when the price goes down, not to be happy when you make money, and not to be sad when you lose money. This is easier said than done. Most people who enter the cryptocurrency market are ordinary people. They are happy when they buy the right direction, and they are upset when they buy the wrong direction. This is also human nature. What we should pursue is a peaceful mentality. If you buy the right direction, don't be blindly optimistic and forget yourself. If you buy the wrong direction and lose money, don't be blindly pessimistic and disappointed because of the loss, which will increase the psychological burden, resulting in loss of judgment and making mistakes on top of mistakes.

You should maintain a good attitude, no matter what happens, your attitude should not be affected. This will make you calmer and less impatient, more rational and less blind, so that your brain will always be clear and your attitude will not be affected by market changes. If you have a good attitude, you will get good results. If you don't have a good attitude, you will not get good results in the end.

Human behavior is dominated by psychology and sometimes by interests. To operate successfully in the cryptocurrency market, you must first recognize the complexity and risks of the cryptocurrency market and cultivate a good mentality. Some retail investors rarely pay attention to self-training of psychological qualities, and their psychological qualities always remain at a low level. For example, they are more accurate when guiding others to trade, but problems are likely to occur once they buy and sell by themselves.

The cryptocurrency market requires calmness rather than hesitation, caution rather than fear, decisiveness rather than blind action, and boldness rather than greed. If you can achieve having orders in your hands but no orders in your mind, or having orders in your hands but no orders in your mind, your understanding is basically 70% to 80%.

Make plans before you act, know when to stop and you will gain something. The most important thing is to have a normal mind. Don't always be affected by the desire to win or lose, or the desire to gain or lose. You will lose to yourself before you even start the battle.

Only a few people who understand the inherent laws of the cryptocurrency market and have a cool head, and who are not blindly following the market, can ultimately make a profit. As long as you are a little calmer than others, you can stand out in the stock market.

Only with certain practical experience, market watching experience and rich technical knowledge of cryptocurrency trading can you have a good mentality. In a market with uncertain ups and downs, you must always maintain a calm mentality and treat the ups and downs in the cryptocurrency market calmly, so that you will not make wrong judgments and decisions. Make the money you can make and do what you can do.

Only when you are calm can you calmly deal with the impetuousness of the market; only when you are calm can you calmly recognize the essence behind the disturbing appearances. Don't be proud of your profits; learn lessons from your losses. After truly treating everything calmly, your investment and even worldviews can be sublimated. The accumulation of calmness is a kind of power, the power to keep running towards success. In order to better adapt to trading and better improve your personality, you must gradually understand and master your own psychological characteristics, learn the ability to adjust your psychology, self-regulation methods, and adjust your emotions, thinking, will and other psychology at any time. Character determines destiny. A good attitude and a kind character will definitely make you gain something in the currency market.

Cryptocurrency trading is all about mentality. Mentality determines your destiny, attitude determines depth, and the cryptocurrency trading mentality determines success or failure.

Note: All the above information does not constitute investment advice and is for reference only. There are risks in the cryptocurrency world, so be cautious when investing! #币安合约锦标赛