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https://www.gate.com/announcements/article/45974
First, only participate in the irreversible rising trend of the market
"Only participate in the irreversible rising trend of the market", the market is the fact, the market is unquestionable, not challenged, the trend is irreversible, as investors must dare to admit mistakes, correct mistakes at any time, refuse the uncertain market, do those dealers must also comply with the market, to know how to follow the trend.
2. Refuse to trade frequently
The casino is open 24 hours a day, there is no need to open order frequently, there is a very long logic such as timing, trial and error, Position control, etc., we advocate waiting for the perfect time like a hunter, rather than a random investment of a shot when you see the prey.
Third, do not be superstitious about technical indicators
First of all, we have to admit that any technical indicator has its lag.
For example, when the MACD indicator sends a golden cross buy signal, in fact, the coin has pumped a wave, and when the golden cross appears, it is likely that you are the dumb buyer!
Fourth, forget about the cost price when you buy
When you start shorting or going long, his cost price has nothing to do with any subsequent operations, because whether to sell depends on the market trend and has nothing to do with whether you are still profitable, continue to hold if the pattern is good, reduce position when the pattern is bad, or even close all positions.
5. Participate with money that you can afford to lose.
Cryptocurrency Trading with spare money, investment is risky, investors can master the game to make a profit before increasing investment. Before that, be sure to participate with money that you can afford to lose, borrowing money often loses badly!
Sixth, if there is a profit, withdraw on time.
Without withdrawals, everything is digital, and investors in the crypto world, like gamblers who have not walked out of the casino, cannot be considered winners even if they make longer money temporarily. It's only when you withdraw cash out of the market that you can say that you have the last laugh. In the crypto world, it is a good habit to withdraw funds on time.