#PI The crypto world has risen from 50k to 500k, just remember these few sentences!


1. Short-term
1. Focus only on the top ten mainstream coins every day, taking into account the current market hotspots, news, daily MACD golden cross, BOLL contraction and expansion, and considering the market trends comprehensively, select the varieties with large fluctuations for trading.
2. Control your position size:
50,000 divided into 20% means 5 parts, and each time take one part to build a position.
3. Never go all in, at most 50%, always leave 50% in reserve to wait for opportunities.
4. Do not place more than 3 orders in a day; you need to keep control.
5. Never average down; if you enter a position and incur a 30% loss, withdraw in a timely manner. This indicates that the timing of your entry was incorrect.
6. Set a stop loss at 30% and if it breaks, close the position unconditionally. Do not hold the position, as holding will lead to certain loss.
7. Never fall in love with candlesticks, enter and exit quickly, remember!!!
8. Go with the flow, trends are king. Only focus on mainstream, not on copycat minor varieties!
2. Crypto world lifesaving mantra (recommended to memorize)
1. Don't rush to run away when it drops significantly in the morning; usually, there will be a rebound in the afternoon!
2. If there is a big increase in the afternoon, reduce your position; there is a high probability of a pullback in the evening!
3. A decrease in volume while rising will continue to rise, and a decrease in volume while falling will continue to fall.
4. There will be price increases before major meetings or positive news, but it will drop after the news is released.
5. Domestic daytime continues to drop sharply, it's time to buy the dip~ 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 signals.
7. When you hold a large position, you will definitely experience 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 force you out, how could it drop? For example, TRB.
9. When you're about to break even, just a little more, the rebound suddenly stops, how could it make you close your position and run away?
10. When you take profit, you'll just be laughing, how can you pump if you don't get off the bus? The bus is too heavy.
11. When you are excited, the waterfall arrives as expected, and your excitement is also a lure from the big player.
At the same time, every day I see bloggers in the square sharing their earnings, which are tens of thousands or even hundreds of thousands of dollars. So some people might wonder if they can exchange that much money for steamed buns. Therefore, I recommended BiyaPay to my friends, which is the world's first multi-asset trading wallet. Its cryptocurrency to fiat trading provides investors with a brand new and more intuitive interface and trading experience, allowing users to easily exchange mainstream fiat currency for BTC, ETH, DOGE, and other cryptocurrencies in real-time. For users in the crypto world, BiyaPay offers a secure and convenient withdrawal solution, effectively addressing freezing and fund issues. Users can deposit USDT into the remittance platform and easily convert it to US dollars for withdrawal.
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 definitely act after the market moves, and you must firmly avoid entering before the big players operate. Once you enter, the exchange is the butcher and you are the fish. Trading is a test of patience, composure, and timing #PI .
PI-0.76%
TRB3.35%
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