There is a stupid but effective way to speculate on coins. Although it may not make you fat in one bite, following it can firmly grasp the profits, learn while working, and gradually get started First, let's talk about three things that absolutely cannot be done in cryptocurrency trading Firstly, do not buy along with the trend when the coin price is slowly rising. Remember that saying, when others are afraid, we are bold; when others are greedy, we are cautious. We need to develop the habit of buying when the coin price drops. At this time, others are panicking, so we need to seize the opportunity to take action Secondly, do not put pressure on orders. The act of placing orders is like gambling on the size of a bet. The risk is too high. We speculate in cryptocurrency to make money, not to risk our lives, so please don't do it Thirdly, never fill up the warehouse. After the warehouse is full, it will be passive. There are many opportunities in the market, so we don't need to bet all our money. The opportunity cost of full position is too high. If the market is not good, there is no chance of turning things around Speaking of the six mnemonics for short-term cryptocurrency trading, remember them to avoid many detours The first one is that after the coin price stabilizes at a high level, it often rises again and reaches a new high; After consolidating at a low level, it is highly likely that there will be another drop, reaching a new low. So, we need to wait until the steering direction is clear before taking action, don't rush to bet Secondly, don't trade blindly during sideways trading. Many people lose money in cryptocurrency trading simply because they can't control it and even mess around when it's sideways. We need to stabilize and wait for the market to clear before moving Thirdly, when choosing the candlestick chart, we buy the daily chart when the bearish candlestick closes and sell when the bullish candlestick closes. Although this move is simple, it is quite effective and can help us seize many opportunities The fourth point is that if the decline slows down, the rebound will also be slow and sluggish; The rate of decline has accelerated, and the rebound will also be quite strong. We need to adjust our operational strategy based on this pattern The fifth one is to follow the pyramid method when building warehouses. This is an ironclad rule in value investing, it's not wrong to follow it accurately The sixth point is that after a currency keeps rising or falling, it will definitely enter a sideways trend. At this point, don't rush to sell or buy the entire position, as there will definitely be changes in the market after consolidation. If we go down from a high position, we need to quickly clear our positions; If we move up from the low position, we will gradually increase our position. Anyway, we need to be flexible and not be stubborn