Five non technical tips “crypto currency transactions bear”

Money never sleeps.

This word is used in encryption currency trading again appropriate, because as a 24*7 does not stop the market, not only has the extremely free encryption currency transaction time, but also provides a lot of options (thousands of different types of encryption currency), the nature of the industry means that any time is the best time trading — of course, this is a good thing, a bad thing, after all, when the market fell, how to make the best deal is often one of the most concerned problems.

Here, we do not want to go, do not want to provide any technical advice for traders, because of those in the encrypted currency market Mopagunda the people, they are already well versed in various kinds of investment skills and skills. So, we will bring the five investment “bear market transactions in the tips for you from some new perspective”.

A tip: develop a structural transaction schedule

How many times have you is from 8 a.m. to 5 p.m. has been sitting at the desk, aimlessly looking at the chart, is not always clear to buy their own encryption currency will go.

Because you will be indecisive, sleep at night until three in the morning, suddenly some shelves in the currency of the digital currency security news pops up, you immediately woke up, and quickly landed Bittrex buy them, afraid to miss an opportunity to make money. Not only that, you may be trying to collect all kinds of insider information, hope will be in the hands of extruded tokens to sell as soon as possible, but the market seems to be against you every time, every time you want to sell the token will be the price stagnation — in fact, the key to all the questions are in, you should not do in the transaction transaction when.

As a “all-weather” encryption currency traders, you need to immediately stop the bad deal, and then focus on the “transaction” and “non trading” interval to develop a structural transaction schedule — of course, this does not mean that you have to be religiously according to this schedule to the execution of the transaction, the main purpose of establishing the schedule is to make you more calm, soothe your mind by not focusing on trade, gradually become the focus on trading — although that sounds strange, but when you get into the habit of not trading, you will find, and surprised at your own new trading mode of thinking.

Whether you are a night owl, or the habit of getting up early in the afternoon, or is full of go, can choose their own personality and life style of trading time plan, this will let you in the operation of trading the mood becomes more pleasant, this is very important, because the only way to make investment decision to make you wise the profit from.

Tip two: set the principle of strict discipline

In fact, one of the most important basic skills of encryption currency trading is to trade the principle of strict discipline. This sounds like a simple question, but do you really know what it means, and the true meaning? For most successful traders, discipline means to some under the conditions of market transactions, they will strictly enforce their own set of trading discipline — for example, such traders will set yourself a loss or profit index, once reached only the profit limit, regardless of the future they can earn much money will opt out; once reaching the limit stop, no matter how much the follow-up market will rebound, they will choose to exit exit.

For those who just contact encryption currency trading people, here is a little advice — don’t believe that social media, especially Twitter. You need to do many trading practices, encryption currency transaction itself is a bittersweet thing, you need to put yourself into the market, hit to keep the mood, make money more to stay humble. The problems encountered, you have to step back and analyze their performance, find the problem, and then through the feedback, analysis and reflection to continuous improvement. All of these not only needs to be realized through the analysis of the transaction, you also need to strictly implement the plan and principle of transaction transaction.

Tip three: to win without pride

Normally, when you’re in upsurge (whether bull or bear market) tend to insanity, guess what I do. I dare say, you must have experienced such a trading period: everything was normal, everything is so smooth, everything is perfect. You would think that all of this is due to their ability, but actually is not so, but what you get is the market adjustment to your income.

To make money, often is that money itself.

When you feel the investment of encryption currency sweetness, once encountered the market fell easily dominated by negative emotions. This state is very easy for you to make a wrong investment decisions, such as in a bear market environment for additional investment to compensate for the loss, the result set deeper. So, you need to reconcile the emotions in the thrill of making money and money depressed, the objective process of attention to lose money trading in money trading and in a careful analysis of the mistakes, and gradually form a process of thinking mode based on Transaction – you know, lose money trading does not mean that is a bad the transaction, “just another” deal, you can learn from and improve their overall transaction.

Tip four: use the protection of capital market cycle

You have to admit, in the encryption currency trading, few can maintain a rational state of long time trading.

The 2018, seems every rebound is the beginning of a new bull market, but the results are always let investors downhearted. Many encryption currency transactions seem unwilling to accept the fact that the market has entered a new period, there will be no 1000% investment income appeared.

Therefore, as you regularly discarded garbage, encryption of money market is entering a “cold” cycle, the speculative bubble began to let people get hurt. If you have successfully withdraw from the 2017 years of the bull market, which is not just the paper returns, so please protect your capital, now you should be in the capital’s mode of thinking, focus on the long-term market cycle and triggering factors, may help you harvest in the new period.

Tip five: don’t think of bitcoin.

“Always make blind and disorderly conjectures disturb your mind,” here we are not talking about the traditional sense “, such as those who can make blind and disorderly conjectures” let you change the world idea, we are talking here about those who lead you to a confusion of the strange idea. In the encryption currency trading, a chaos into the idea may allow you to adjust the best investment plan, traders in the encryption currency investment to do the worst thing in different trading “idea” between the left and right swing, swing.

This situation is very dangerous, because the idea of “” just “idea”, it exists only in the mind, and in contrast to the investment strategy, because the strategy is a has been tested, or to verify the market idea. The problem is that the vast majority of traders often did not fully test the feasibility condition from an idea to another idea, from a system to another trading system.

Different from the traditional stock market, the money market is not a simple encryption of the transaction to see figure can accurately analyze the trend. If you look at those traders who make money, do not look at those traders who make money, will find the difference between them is perhaps can control in a highly volatile market in their own.

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