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I have been wandering in the crypto world for many years, experiencing ups and downs, and summarizing eight mantras:
Morning market: Morning dip may be a time to pick up bargains, don't rush to sell; take advantage of morning gains to profit.
Afternoon strategy: Don't chase after the afternoon surge, be cautious about taking a position; wait and see for a major afternoon decline, and seize the opportunity to buy low the next day.
Downtrend mentality: Don't panic sell on a big drop in the morning, as the volatility may be a false signal; Don't be anxious in a flat market, be patient and wait for opportunities.
Trading principle: do not sell until it reaches the expected high, and do not buy until it reaches the psychological price; when trading in a sideways market, it's like a blind man touching an elephant, so it's advisable to wait and see.
Candlestick operation: Buy on bearish candlestick, sell on bullish candlestick, buy on pullback, sell on upward trend.
Contrarian Thinking: Stay calm when others are enthusiastic, be decisive when panic selling, and find opportunities through contrarian operations.
Consolidation mindset: When at a high or low level of consolidation, be patient and wait for the trend to clarify before taking action.
Sell at the peak: After a high consolidation, it is highly likely to be the final frenzy. Sell in time to lock in profits.