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大森说币
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Newbie must see, eight major cryptocurrency trading tips $WCT
1. When stuck, prioritize preserving your capital, don't think about turning a profit all at once.
Being stuck in trades is common; at this point, don't fantasize about recovering your investment or even making a profit immediately. The more anxious you are, the deeper the pit you might dig. Honestly add to your position to stabilize your capital, and when the market rises later, you will naturally be able to recover slowly.
2. The surface might seem calm, but often there are significant fluctuations hidden underneath.
The cryptocurrency market may look stagnant, but there are actually strong currents beneath. Don't be confused by minor ups and downs, especially during a "sudden calm"; it could precede a major market move.
3. A strong surge will definitely correct; the K-line triangle isn't drawn for nothing.
When prices soar, don't just focus on the joy. After a big rise, there will definitely be a correction; pay close attention to the K-line patterns—multiple days forming a triangle is a signal that the market is about to change.
4. Buy on the dip, not on the rise; sell on the rise, not on the dip; doing the opposite is what makes a master.
Buying on the decline and selling on the rise is an old rule. Those who follow market sentiment are usually the ones getting harvested; going against the market makes it easier to find low-risk, high-reward opportunities.
5. Don't sell on a high, don't buy on a plunge; when the market is sideways, don't act rashly.
Consider selling only when the price is high and buying only when the price plunges; during sideways movement, it's best to do nothing at all. Don't let boredom tempt you into making mistakes; sideways markets are the easiest to misjudge.
6. Watch support when prices rise, and resistance when they fall.
When the market is moving upwards, pay attention to support levels; when falling, focus on resistance levels. Knowing where the price might get stuck will help you make better decisions.
7. Over-leveraging is a major taboo; going all in can be deadly.
I've mentioned this countless times: don't go all in. The market changes too fast; you must leave yourself an escape route. Taking profits and managing your entry and exit freely will always allow you to survive longer than "going all in on a gamble."
8. Mindset is the most valuable; greed and fear can be deadly.
In the cryptocurrency circle, in the end, it’s all about mindset. Don't get carried away when prices rise or panic when they drop; chasing highs and cutting losses is the most costly. Maintain a calm mind, and you will naturally become more stable in your trading.
Follow Dashen, no boasting, no empty promises, just sharing practical experience that can help you survive in the circle. The team still has positions available; whether to join or not depends on you #加密市场反弹
1. When stuck, prioritize preserving your capital, don't think about turning a profit all at once.
Being stuck in trades is common; at this point, don't fantasize about recovering your investment or even making a profit immediately. The more anxious you are, the deeper the pit you might dig. Honestly add to your position to stabilize your capital, and when the market rises later, you will naturally be able to recover slowly.
2. The surface might seem calm, but often there are significant fluctuations hidden underneath.
The cryptocurrency market may look stagnant, but there are actually strong currents beneath. Don't be confused by minor ups and downs, especially during a "sudden calm"; it could precede a major market move.
3. A strong surge will definitely correct; the K-line triangle isn't drawn for nothing.
When prices soar, don't just focus on the joy. After a big rise, there will definitely be a correction; pay close attention to the K-line patterns—multiple days forming a triangle is a signal that the market is about to change.
4. Buy on the dip, not on the rise; sell on the rise, not on the dip; doing the opposite is what makes a master.
Buying on the decline and selling on the rise is an old rule. Those who follow market sentiment are usually the ones getting harvested; going against the market makes it easier to find low-risk, high-reward opportunities.
5. Don't sell on a high, don't buy on a plunge; when the market is sideways, don't act rashly.
Consider selling only when the price is high and buying only when the price plunges; during sideways movement, it's best to do nothing at all. Don't let boredom tempt you into making mistakes; sideways markets are the easiest to misjudge.
6. Watch support when prices rise, and resistance when they fall.
When the market is moving upwards, pay attention to support levels; when falling, focus on resistance levels. Knowing where the price might get stuck will help you make better decisions.
7. Over-leveraging is a major taboo; going all in can be deadly.
I've mentioned this countless times: don't go all in. The market changes too fast; you must leave yourself an escape route. Taking profits and managing your entry and exit freely will always allow you to survive longer than "going all in on a gamble."
8. Mindset is the most valuable; greed and fear can be deadly.
In the cryptocurrency circle, in the end, it’s all about mindset. Don't get carried away when prices rise or panic when they drop; chasing highs and cutting losses is the most costly. Maintain a calm mind, and you will naturally become more stable in your trading.
Follow Dashen, no boasting, no empty promises, just sharing practical experience that can help you survive in the circle. The team still has positions available; whether to join or not depends on you #加密市场反弹
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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