A newbie in the crypto world wants to quickly turn a few k into 1 million. As long as you remember these few sentences I say, you have already succeeded halfway!

1. Short-term
1. Focus only on the top ten mainstream coins every day. Based on current market hotspots, news, daily MACD golden cross, BOLL contraction and expansion, combined with market trends, comprehensively consider and select the highly volatile varieties for trading.
2. Control your position size:
50k divided into 20% means 5 parts, and each time take one part to build a position.
3. Never go fully invested, at most 50%, always keep 50% as a reserve to wait for opportunities.
4. Do not place more than 3 orders in a day, and keep it under control.
5. Never average down; if you lose 30% after entering a position, exit promptly. This indicates that the timing of your entry was incorrect.
6. Set a stop loss at 30%. Unconditionally close the position; do not hold on. Holding on will lead to death.
7. Never fall in love with candlestick charts, enter and exit quickly, remember!!!
8. Go with the flow, trends are king, only engage with mainstream, and avoid copycat altcoins!
2. Crypto world lifesaving mantra (recommended to memorize)
1. Don't rush to leave after a big drop in the morning, there will usually be a rebound in the afternoon!
2. The afternoon surge requires reducing positions, and there is a high probability of a retracement in the evening!
3. A decrease in volume with an upward trend will continue to rise, while a decrease in volume with a downward trend will continue to fall.
4. There will be a rise before major meetings or favorable news, but it will drop once the news is out.
5. Domestic prices will continue to drop during the day, it's time to buy the dip, and at 21:30, foreigners will pump the market.
6. The key signal for buying and selling is the pin bar; the deeper the pin, the stronger the buy and sell signal.
7. When you hold a large position, you will definitely face liquidation. Why? You are just focusing on the liquidation list on the exchange.
8. When your short position stop loss is completed, it will definitely drop, not trick you into getting off the bus or blowing up, how could it fall? For example, TRB.
9. When you're about to break even, just a little bit away, and the rebound suddenly stops, how can you make a quick exit?
10. When you take profit, it's a party; if you don't get off the bus, how can you pump? The bus is too heavy.
11. When you are excited, the violent waterfall arrives as expected, and your excitement is also a bait from the big players.
12. When you are broke, every project is rising, making you FOMO and rush to enter the market. So you understand that the market is manipulated with a probability of over 80%. Besides controlling your position, you must also wait for the right moment to act. Make sure not to enter the market before clearly understanding the actions of the operators. Once you enter, you become the fish on the chopping board of the exchange. Trading is all about patience, determination, and timing. If there are any different opinions, fellow coin friends are welcome to leave comments in the discussion area for mutual exploration. Thank you! #加密市场反弹#