After ten years of experience in the crypto world, I have summed up these 15 "iron laws" of Cryptocurrency Speculation.

1. When the market crashes and your currency only experiences a slight drop, it is often the market makers supporting the market. You can hold it with confidence as there is a possibility of profit in the future.
2. Novice buyers and sellers are in a dilemma. Hold stocks on the 5-day moving average for short-term trading, and sell when it breaks. Hold positions on the 20-day moving average for medium-term trading, and exit when it breaks. The difficulty in trading lies in execution. By sticking to a method, over 90% of people can be surpassed. This is the ultimate simplicity.
3. The main uptrend is formed and not on heavy volume, so intervene decisively; buy stocks when there is a heavy volume uptrend, and hold stocks when there is a light volume downtrend (as long as the trend is not broken); reduce holdings quickly when there is a heavy volume downtrend and the trend is broken.
4. Buy in the short term, sell out if there is no fluctuation for three days; if the price falls after purchase without rising, stop loss at 5% unconditionally.
5. If the currency drops 50% from a high position and continues to fall for 8 days, it enters an oversold channel, and an oversold rebound may occur at any time, which can be followed.
6. To grasp the head of Cryptocurrency Trading, it is the most aggressive when it rises and the most resistant to decline when it falls. Don't miss out because of fear, and don't panic to "buy the dip" or hesitate to chase high. The strong always prevail, in short-term Cryptocurrency Trading, one must dare to enter at a high level and exit at an even higher level.
7. Following the trend is the key. The buying price is not the lower the better. It should fit the trend. Don't be greedy and buy rubbish coins cheaply. Only by following the trend can we sail towards the other shore of wealth.
8. Making a profit is not difficult, the difficulty lies in sustaining profitability. Don't be blinded by small profits, review seriously, distinguish between luck and strength, and create a stable trading system that suits you is the key.#参与年终社区盛典助力，赢周边海量好礼 #GT新年屡破新高，接下来到多少？