Never enter the crypto world with such a mindset, as you've already lost with such thoughts. Those who play with coins should primarily focus on accumulating coins. After chatting over tea or dinner, when you boast to your friends that you play with coins, how can you still claim to be a crypto world pro if you can't even produce a single coin? Contracts are a process, but accumulating coins is the end goal. The crypto world won't make you rich overnight, but mastering the technology can bring you substantial returns. Sharing years of experience and insights in the crypto world, I wish every friend who comes across this article will become rich in 2024! Looking ahead to 2025!

If you are new to the crypto world, you need to remember these most effective trading mantras
1. Buy horizontally, not vertically, and sell at the boiling point; 2. Continuous small rises are real rises, continuous large rises mean it's time to leave; 3. A sharp rise needs a pullback, don't buy without a deep dip; 4. Accelerated primary rise indicates a peak, sell quickly in case of rapid decline, and sell slowly in case of slow rise; 5. Rapid decline with no volume is intimidation, withdraw quickly in case of slow decline with increasing volume; 6. When the price breaks the lifeline, don't hesitate to make short-term trades; 7. Carefully observe the daily and monthly charts, and build positions with the main force; 8. If the coin price rises without volume, the main force is luring in buyers, so don't stand guard.
, the new low in shrinking volume is like a bottom, and entering the market requires an increase in volume; in the crypto world, the simpler things are often the most effective, and all the maxims are the crystallization of wisdom.
Learn these formulas, and remember them well. Applying them in real combat will definitely save you a lot of detours.
The application of technical indicators in trading
For the secondary market, we can also divide investment into dao, fa, and shu, and all three are indispensable.
Tao: representing investment philosophy and faith, that is, the direction, goal, and values of investment. It includes analysis of long-term market trends, macro conditions, and fundamentals.
Law: Represents the rules and regulations of investment, including investment strategies, risk management, and asset allocation.
Techniques: representing technical analysis, quantitative analysis, and trading psychology of investment.
Today, this report will focus on the 'art' in trading, aiming to share the practical application of technical indicators and technical analysis. For the vast majority of people, there is no need to learn a lot of obscure technical indicators, as they are lagging and cannot directly generate profits. This report will share commonly used methods of technical indicators to let more people understand the significance of technical analysis.