Today we'll get straight to the point, all you need to remember is the following mnemonic:

First, wait and see, and then take action when the market becomes clear. When the market is not yet clear, do not rush. Be patient and wait for the direction to become clear before making a move. This is the safest approach.
Secondly, don't be attached to hot positions and change positions frequently. You must not be attached to the popular positions, because once the heat is over, the funds will also be withdrawn. If you react slowly, you may easily get trapped, so you must always pay attention to the position and change it in time.
Thirdly, there is a gap up and hold steady. In the process of rising, if you see a high opening positive line on the K-line, and the volume also increases, it indicates that the market is accelerating. At this time, you should hold the coins steadily and wait for it to continue to rise.
Fourth, a large amount of bullish candlesticks and leaving the market at the end of the day. Whether it is at a high or low position, as long as a large amount of bullish candlesticks appears, it is highly likely that there will be a callback afterwards. Even if it hits the limit up, you have to withdraw quickly, otherwise the profit you have earned will be gone, which is a pity.
Fifth, buy online in the dark and sell offline in the light. You need to learn to look at moving averages, support levels, and resistance levels, these key indicators. The daily moving average is like the frontline, usually observed for about three days to a week. If you do short-term trading, be sure not to procrastinate.
Sixth, do not sell when the price is not high, do not buy when the price is not low, and do not move when it's in a horizontal trend. This is a very important survival rule in the circle of cryptocurrencies, everyone must remember it well.
Seventh, prepare before buying, and focus on entering less. Definitely don't invest all your funds at once, after all, the changes in the currency circle are too fast and full of various uncertainties.
Before buying, you have to ask yourself four questions: Why do you want to buy? How do you plan to operate? What if it falls, what should you do? What if you get stuck, how should you respond? Only when you have thought it through in your mind, will you be able to respond freely at that time, and stable profit will no longer be just a dream.
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