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Years of experience in Cryptocurrency Speculation:
1. Catching the Main Rising Wave/Main Falling Wave market once a year is enough, never be in Full Position all the time.
2. First, based on your own judgment, practice your real mentality and courage in the simulated account, or try with a small amount of capital. If you can't do well with 1000U, don't fantasize about doing well with a large amount of capital.
3. If you encounter significant Favourable Information, remember to sell at the high the next day if you don't sell that day, as Favourable Information often turns into Unfavourable Information when realized.
4. When encountering major events, major data, and other trends, operate along the trend only after the trend is formed. It is easy to fail if you block the direction.
5. The crypto world is not suitable for medium to long term strategies, only suitable for swing trading in the short term. Success in the long term is rare.
6. For short-term trading, pay attention to the Trading Volume and chart patterns. Engage in active trading when the chart shows significant fluctuations, and avoid trading when it is inactive.
7. Fast fall, fast rise; slow fall, slow rise.
8. Recognize your mistakes, stop loss in a timely manner, preserve your capital, and that is the foundation for survival in the market.
9. When doing short-term 15-minute Candlestick Chart, it is necessary to pay attention. Based on the KDJ indicator, you can find good buying and selling points.
10. There are many techniques and methods for Cryptocurrency Speculation, just find the one that suits your style.