Cryptocurrency Trading should only be focused on leaders, as their characteristic is being independent of the market's trend. When the market rises, they lead the rise; when the market pulls back, they reduce volume and go Sideways; when the market stabilizes again, they continue to surge! Don't be greedy for small profits, and refuse weak coins.
I believe many people have encountered this situation, with continuous risky operations leading to fewer and fewer assets. In a bull market, one must be bold and not fear holding coins. If your skills are not very advanced, do not try to learn from experts on swing trading. If you believe in a coin, the best operation is to hold it steady. The two trading methods in the market are buying more as the price drops or buying more as the price rises, which many people do not understand. 1️⃣The strategy of buying more as the price rises belongs to the technical trend-following camp, mostly engaging in right-side trading, focusing only on upward trends. This method is more suitable for retail investors, as small funds can enter and exit flexibly. It's better to wait until the upward trend is confirmed before buying, which increases the success rate. This approach has a high requirement for the entry point; one should try to buy at the starting point of the rise, the earlier you get in, the better. Buy at the relatively low points of the upward trend, (, but this does not mean the absolute lowest point. Trying to catch the very bottom is a form of greed and often leads to severe losses, ). If the price has already risen significantly and is nearing the peak, and you continue to buy more as it rises, it will lead to a high cost of entry. Without a stop-loss or take-profit strategy, being caught in a position is inevitable. 2️⃣ Buying more as prices drop belongs to the fundamentalist camp; value investors prefer to engage in left-side trading. Large capital operations often use this method to gradually increase their positions. If they wait until prices rise to buy, the cost will be too high. They start buying more as prices drop before an upward trend appears, with the premise of making an accurate analysis and calculation of a coin's fundamentals and valuation. The buying point should be low enough to leave sufficient safety margin, and each time they increase their positions, the buying price should be sufficiently spaced apart. #客服小何 #Bitcoin #BTC #ETH
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Cryptocurrency Trading should only be focused on leaders, as their characteristic is being independent of the market's trend. When the market rises, they lead the rise; when the market pulls back, they reduce volume and go Sideways; when the market stabilizes again, they continue to surge! Don't be greedy for small profits, and refuse weak coins.
I believe many people have encountered this situation, with continuous risky operations leading to fewer and fewer assets. In a bull market, one must be bold and not fear holding coins. If your skills are not very advanced, do not try to learn from experts on swing trading. If you believe in a coin, the best operation is to hold it steady.
The two trading methods in the market are buying more as the price drops or buying more as the price rises, which many people do not understand.
1️⃣The strategy of buying more as the price rises belongs to the technical trend-following camp, mostly engaging in right-side trading, focusing only on upward trends. This method is more suitable for retail investors, as small funds can enter and exit flexibly. It's better to wait until the upward trend is confirmed before buying, which increases the success rate. This approach has a high requirement for the entry point; one should try to buy at the starting point of the rise, the earlier you get in, the better. Buy at the relatively low points of the upward trend, (, but this does not mean the absolute lowest point. Trying to catch the very bottom is a form of greed and often leads to severe losses, ). If the price has already risen significantly and is nearing the peak, and you continue to buy more as it rises, it will lead to a high cost of entry. Without a stop-loss or take-profit strategy, being caught in a position is inevitable.
2️⃣ Buying more as prices drop belongs to the fundamentalist camp; value investors prefer to engage in left-side trading. Large capital operations often use this method to gradually increase their positions. If they wait until prices rise to buy, the cost will be too high. They start buying more as prices drop before an upward trend appears, with the premise of making an accurate analysis and calculation of a coin's fundamentals and valuation. The buying point should be low enough to leave sufficient safety margin, and each time they increase their positions, the buying price should be sufficiently spaced apart.
#客服小何 #Bitcoin #BTC #ETH