
How do novices stir up virtual currency? What are the skills for speculating money?
Nov 15,2022
3415Bitcoin can be said to be the number one in the currency circle. No veteran in the currency circle does not know Bitcoin. Many investors want to make a fortune from it, or even more. Because of this, more and more investors want to invest in virtual currency, and the word "speculation" has also entered the public's view. Therefore, some novice investors asked, how do novices speculate in virtual currency? What are the skills for speculating money? Then, let's follow Xiao Bian to have a look.
How do novices stir up virtual currency?
1. Learning basic knowledge of digital money market
Find relevant information about coin speculation on the Internet, and choose a regular website to master and understand. Here is a small compilation of recommended coin experts. The key is to learn some basic concepts, professional terms, the development process of virtual currency, etc. to lay a foundation.
2. Learning the steps of digital currency transaction
Select a trading platform (currently the major trading platforms in China are Huo Coin, OK, and some second tier platforms, which also have their own unique advantages). After installation and login, get familiar with the operation process of software and mobile phone software, such as how to buy spot goods and how to do contracts. In this regard, I suggest you directly refer to the tutorial of the trading platform or ask the customer service (some trading platforms also provide simulated warehouse, you can simulate account operation first). Only when you are skilled can you formally conduct large amount transactions. Otherwise, you will lose money due to mistakes in placing orders during some operations, which will be more than worth the loss.
3. Analysis and learning of technology and information
Common trading volume indicators, moving average, K line, MACD, trend line, overbought and oversold indicators It's not good to just read these books. We must understand them according to practical operation! At the same time, you can also pay attention to some professional websites.
4. Executive learning of digital currency investment
In terms of implementation, the key is to strengthen learning from position management, order making principle, trading system, investors' psychological mistakes and common investment problems. Having a good trading mentality and habit is a necessary condition for success. Deeply dissect the message side. There is a large amount of information transmitted in the financial market every day, so it is very important to analyze these information in depth. As a qualified investor, the most basic thing is to learn to identify the authenticity of information, especially some half true and half false information is very false, and sometimes even a piece of information will directly affect the specificity of the market.
What are the skills of coin speculation?
1. Invest with spare money. Don't borrow money, lend money, or speculate on money - give money+invest energy.
2. Strict selection of value coins and realistic and reasonable capital allocation plan - Yanyang investment tactics
3. Add position - it is normal to have adjustments after entering the site, so we should reasonably arrange assets and intervene in batches.
4. Refuse to run out of stocks. Reasonably arrange positions. Don't put eggs in one basket to effectively reduce risks.
5. Look around – pay more attention to the currency market express, the latest developments in financial and economic aspects, early knowledge, early understanding and early earning.
6. Divergent thinking, do not resist with the banker and the market, take advantage of the situation.
7. Contract opening, not full position, ratio of 20-50, not easy to use 100 leverage, not to get rich overnight, but to make steady profits.
8. Control your own income - it is more important than anything to manage your own position. If you are uncertain, don't operate easily. If you don't operate, there will be no risk and no loss. It's OK to check your own property, whether it is managed, and whether it is managed reasonably.
9. The bottom is in your heart, and the top is in your heart. Don't be afraid. The currency market will only let you grow, and the mentality is more important than the operation. You should remember the coin flipping method and never worry about making money!
Speaking of this, I believe that we have a certain understanding of how novices can speculate on virtual currency and what skills they have. In general, for investors, it is important not to follow the trend when speculating. Many novices in the currency circle start to speculate. When they see people in the group, they say that they will sell the currency and then plummet. They immediately follow the operation. In fact, this operation is the most stupid, because many people are either out of stock at all, or fooling novices in the currency circle. They create panic and let you smash the market, that is, let you ship at a low price, Some people can't help being scared, and quickly throw out all the goods in their hands. When you throw out the money, these people will pick up the goods at a low price. You sell at a low price, lose money, and Zhuang He makes people panic, and then pick up the goods at a low price. Others always give you advice, but the key is to judge by yourself.