These are some insights I have gained in the crypto world over the past decade, earning tens of millions of fren! fren is already free, full of dry goods!! There are prize quizzes!!

1. When the market plunges, if your coin only experiences a slight drop, it means that there are market makers protecting the market and preventing it from falling. Such coins can be safely held, and there will be gains in the future.
2. For beginners buying and selling coins, there is a simple and direct method: for short-term, look at the 5-day moving average line, hold as long as the price is above the 5-day line, sell once it falls below; for mid-term, look at the 20-day moving average line, hold when the price is above the 20-day line, sell once it drops below. The best method is the one that suits you, the key is to stick to it.
3. If the main uptrend of the currency price has formed and there is no obvious increase in trading volume, then decisively buy. Continue to hold when there is an increase in trading volume, hold when there is a decrease in trading volume but the trend is not broken; if there is a decrease in trading volume and it breaks the trend, then quickly reduce positions.
4. After buying in the short term, if the coin price remains unchanged within three days, sell if possible. If the coin price falls after buying, stop loss unconditionally when the loss reaches 5%.
5. If a coin drops 50% from its high and continues to fall for 8 consecutive days, it means that it has entered an oversold state, and a rebound may occur at any time, which can be considered for follow-up.
6. When trading in the crypto world, you should choose leading coins, because they rise the most when they go up and are the most resistant to falling when they go down. Don't buy just because the price has dropped a lot, and don't refrain from buying just because it has risen a lot. When trading leading coins, the most important thing is to buy at high levels and sell at even higher levels.
7. Trade in line with the trend. The best buying price is not the lowest, but the most appropriate. Do not easily bottom out when the price falls, abandon coins that perform poorly. The trend is the most important.
8. Don't let your head get hot because of a momentary profit, you should know that continuous profit is the most difficult. Seriously review and analyze, to see if your profit is due to luck or skill. Establishing a stable trading system that suits you is the key to continuous profit.
9. Do not trade forcibly without sufficient confidence. Being in a cash position is also a strategy, and it is important to learn how to do so. The first thing to consider in trading is capital preservation, not profit. Trading is not about frequency, but about success rate.