🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
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1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
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⏰ Ends on May 4, 16:00 PM (UTC)
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Newbie must-read, Crypto Veterans must-learn? Why do you always experience "falling when you buy, rising when you sell". If you really can't understand the market, you can directly copy the homework!
1. Skillfully using morning market trends: In the morning, the sentiment in the cryptocurrency market is the purest. If the price falls sharply, don't panic; this could be a good opportunity to "pick up" at a low price. If the morning sees a strong and significant rise, don't be greedy; take the chance to sell for a profit and lock in your gains.
2. Mastering Afternoon Strategy: If there is a sudden rise in the afternoon, don't get carried away and follow the trend to rush in; most of it is just an illusion, and buying at a high position can easily lead to watching the market; on the contrary, if there is a significant fall in the afternoon, it is better to remain calm, wait and observe for a while, and then find the right low point to enter the market the next day, which often allows you to acquire assets at a lower price.
3. Maintain a steady mindset during a fall: When you wake up in the morning and see the coin price plummeting, don't rush to cut losses. The market changes rapidly, and early morning fluctuations are often a "blindfold trick"; if the market is stagnant with no waves, don't be anxious either. It's better to take a break, conserve energy, and wait for opportunities.
4. Strictly adhere to trading principles: If the coins in hand haven't risen to the expected high position, don't sell easily; earning less is still a loss. If it hasn't fallen to the psychological price level, restrain yourself from rashly buying in, to avoid bottom-fishing at a halfway point. As for the sideways phase, with chaotic trends and unclear directions, trading at this time is undoubtedly like a blind person touching an elephant; it's better to observe from the sidelines.
5. Operate based on Yin and Yang lines: buy on Yin lines and sell on Yang lines, which is a classic strategy. The appearance of a Yin line indicates a price correction and cheaper chips, making it an excellent time to enter; a Yang line signifies the formation of a short-term rise, suggesting to sell at a high to secure profits.
6. Reverse Thinking to Break the Deadlock: To stand out in the crypto world, sometimes you need to take the opposite approach. When everyone is fervently chasing, maintain a bit more calm; when there is panic selling, be a bit bolder, and dare to go against the trend. Only then can you find niche opportunities for wealth outside the mainstream tide.
7. Endure the consolidation ordeal: When prices consolidate for a long time at high or low levels, it can be quite frustrating. During this time, do not let anxiety overwhelm you and make rash moves. Stay patient and calm, and wait for the trend to clarify, whether it is a rise or a fall, before making a full effort.
8. Seize the high tail: After a long period of sideways movement at a high level, once it makes another upward push, don't hesitate, this is likely the last frenzy. Sell in time to secure your profits, otherwise they may slip away in an instant, and the cooked duck could fly away.
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