1. (1) What is a real breakthrough, false breakthrough There is a buying method, called the breakthrough after the intervention. This method itself no problem, the problem lies in the breakthrough is not necessarily a real breakthrough. The main force is very fond of playing fake breakthrough, especially in the breakthrough of the high point of the shipments, so that some beginners in technical analysis to buy in the high point, firmly trapped. But the real breakthrough is often very profitable, so you make a lot of money. So there are still many investors willing to "breakout buy". So how can you tell if a breakout is real or fake? There are several rules for breakouts. ① share price out of an uptrend, to confirm the uptrend after the retracement, not fall below the previous high. ② the subsequent high breakout is a true breakout and can be bought. ③ confirming the uptrend after the pullback falls below the previous high, the subsequent high breakthrough is often a false breakthrough, intervention needs to wait to see where the pullback is after the intervention. So what is the principle of this method? This is because when the uptrend is confirmed, the former high and the retracement of the low point will build the core chip area "home base", followed by the short-side counterattack that retracement. If you can't fall below the "previous high", it means that the party is very strong, the short side can't enter the "core" of the party, and then the uptrend will continue. But here is a problem to mention is that if the current bear market, the short-side pressure itself is strong, so we can put a release, as long as not a significant drop below the previous high, the later will still break through. But if the empty side of the counter-attack fell sharply below the previous high, it means that the strength of the empty side is very strong, the empty side into the "core" area of the party, the uptrend began to weaken, followed by a breakthrough high when the party "exhausted", so the breakthrough is mostly a false breakthrough. (2) how to determine the true breakthrough ① breakthrough maintenance time Breakthrough time is also a very important point, although the actual breakthrough magnitude is not enough, but if it continues to stand firm above the previous highs, this kind of breakthrough is also reliable, because the party resisted the sell-off, the previous pressure to step on the feet into support. Summary: If you can continue to stand firm above the previous highs for a longer period of time is a breakout success. ②Scope of breakout The price itself will prove whether the breakthrough is successful, as long as the rise to a certain extent, the natural trend, if only just breakthrough on the pullback, then this is a false breakthrough. The reasoning is simple to understand, but how to control this range is the key, if too little, can not play a role in identifying, if too big, and missed a period of the market. I personally suggest that you can refer to the history of the breakthrough confirmation range, or take between 3% ~ 5% of this range. Summary: breakthrough of the previous highs a certain margin to confirm the breakthrough success. ③K-line pattern Generally speaking, a single K-line is not too important, because it is difficult to see a K-line on the operation, but in the key position, a single K-line has a role in determining the outcome. In the case of a breakthrough, different K-line patterns have different implications for the breakthrough. For example, upward trend, upward breakthrough of the K-line is a stop, but finally open the board closed up 5%, although also considered a big rise, but the reliability of this breakthrough is very low, because the breakthrough is blocked, if it is a large positive line or even a word stop, the reliability of this breakthrough confirmation is very high. Summary: up breakthrough K line is best big positive. ④ Fundamentals Technical is the market "results", while the fundamentals are the market "seeds", the important technical changes must be the major changes in the fundamentals, in the key position of the breakthrough, if you can match the major fundamental changes, the confirmation of the technical breakthrough is more reliable. To sum up: the combination of fundamentals and technicals is generally a true breakthrough. ⑤ Volume In the rising breakthrough volume enlarges, representing a large number of buyers to increase, the main force is willing to let the previous high point of the hedge plate unwind, the market is bound to have room to rise. Summary: breakthrough release volume is best. 2. The content introduced above is only about the basics of cryptocurrency, which is related to whether we can make money through cryptocurrency. Cryptocurrencies make money not only by scientific methods to increase income, but also by finding ways to save money. The handling fees are small, but they must not be ignored. I have calculated that with frequent transactions and long trading hours, the accumulation of fees can add up to more than 10,000 U a year. Next I will introduce a few common ways to reduce fees on large trading platforms. (1) Lowering Binance's fees Binance is currently the world's largest digital currency exchange, and you must sign up for Binance if you want to speculate on coins. The transaction fee is deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at a price of USD3,452.55 per share. Transaction fee = 10Ethereum0.1% = 0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1% = 34.5255USDT What many people do not know is that the Binance transaction fee can also be reduced. If you want to reduce your Binance trading fees, you must register using the invitation link below or use the invitation code "Q022W7SC". https://accounts.binance.com/en/register?ref=Q022W7SC

(2) Reducing OKX fees OKX is a professional digital currency trading platform loved by many users, and its transaction fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: normal and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset size. The different tiers determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level. First method: OKX has an official maximum savings rate of 20%. Use the link below to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH Second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage. (3) Reduce FTX fees FTX is currently a very fast-growing, contract players more exchange, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692 3, trading road is long, together with the forward Want to know more about how to reduce the commission? telegram: btcethcool We have set up a community dedicated to the study of trading, add telegram friends to pull you into the community.

1. (1) What is a real breakthrough, false breakthrough There is a buying method, called the breakthrough after the intervention. This method itself no problem, the problem lies in the breakthrough is not necessarily a real breakthrough. The main force is very fond of playing fake breakthrough, especially in the breakthrough of the high point of the shipments, so that some beginners in technical analysis to buy in the high point, firmly trapped. But the real breakthrough is often very profitable, so you make a lot of money. So there are still many investors willing to "breakout buy". So how can you tell if a breakout is real or fake? There are several rules for breakouts. ① share price out of an uptrend, to confirm the uptrend after the retracement, not fall below the previous high. ② the subsequent high breakout is a true breakout and can be bought. ③ confirming the uptrend after the pullback falls below the previous high, the subsequent high breakthrough is often a false breakthrough, intervention needs to wait to see where the pullback is after the intervention. So what is the principle of this method? This is because when the uptrend is confirmed, the former high and the retracement of the low point will build the core chip area "home base", followed by the short-side counterattack that retracement. If you can't fall below the "previous high", it means that the party is very strong, the short side can't enter the "core" of the party, and then the uptrend will continue. But here is a problem to mention is that if the current bear market, the short-side pressure itself is strong, so we can put a release, as long as not a significant drop below the previous high, the later will still break through. But if the empty side of the counter-attack fell sharply below the previous high, it means that the strength of the empty side is very strong, the empty side into the "core" area of the party, the uptrend began to weaken, followed by a breakthrough high when the party "exhausted", so the breakthrough is mostly a false breakthrough. (2) how to determine the true breakthrough ① breakthrough maintenance time Breakthrough time is also a very important point, although the actual breakthrough magnitude is not enough, but if it continues to stand firm above the previous highs, this kind of breakthrough is also reliable, because the party resisted the sell-off, the previous pressure to step on the feet into support. Summary: If you can continue to stand firm above the previous highs for a longer period of time is a breakout success. ②Scope of breakout The price itself will prove whether the breakthrough is successful, as long as the rise to a certain extent, the natural trend, if only just breakthrough on the pullback, then this is a false breakthrough. The reasoning is simple to understand, but how to control this range is the key, if too little, can not play a role in identifying, if too big, and missed a period of the market. I personally suggest that you can refer to the history of the breakthrough confirmation range, or take between 3% ~ 5% of this range. Summary: breakthrough of the previous highs a certain margin to confirm the breakthrough success. ③K-line pattern Generally speaking, a single K-line is not too important, because it is difficult to see a K-line on the operation, but in the key position, a single K-line has a role in determining the outcome. In the case of a breakthrough, different K-line patterns have different implications for the breakthrough. For example, upward trend, upward breakthrough of the K-line is a stop, but finally open the board closed up 5%, although also considered a big rise, but the reliability of this breakthrough is very low, because the breakthrough is blocked, if it is a large positive line or even a word stop, the reliability of this breakthrough confirmation is very high. Summary: up breakthrough K line is best big positive. ④ Fundamentals Technical is the market "results", while the fundamentals are the market "seeds", the important technical changes must be the major changes in the fundamentals, in the key position of the breakthrough, if you can match the major fundamental changes, the confirmation of the technical breakthrough is more reliable. To sum up: the combination of fundamentals and technicals is generally a true breakthrough. ⑤ Volume In the rising breakthrough volume enlarges, representing a large number of buyers to increase, the main force is willing to let the previous high point of the hedge plate unwind, the market is bound to have room to rise. Summary: breakthrough release volume is best. 2. The content introduced above is only about the basics of cryptocurrency, which is related to whether we can make money through cryptocurrency. Cryptocurrencies make money not only by scientific methods to increase income, but also by finding ways to save money. The handling fees are small, but they must not be ignored. I have calculated that with frequent transactions and long trading hours, the accumulation of fees can add up to more than 10,000 U a year. Next I will introduce a few common ways to reduce fees on large trading platforms. (1) Lowering Binance's fees Binance is currently the world's largest digital currency exchange, and you must sign up for Binance if you want to speculate on coins. The transaction fee is deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at a price of USD3,452.55 per share. Transaction fee = 10Ethereum0.1% = 0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1% = 34.5255USDT What many people do not know is that the Binance transaction fee can also be reduced. If you want to reduce your Binance trading fees, you must register using the invitation link below or use the invitation code "Q022W7SC". https://accounts.binance.com/en/register?ref=Q022W7SC

(2) Reducing OKX fees OKX is a professional digital currency trading platform loved by many users, and its transaction fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: normal and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset size. The different tiers determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level. First method: OKX has an official maximum savings rate of 20%. Use the link below to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH Second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage. (3) Reduce FTX fees FTX is currently a very fast-growing, contract players more exchange, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692 3, trading road is long, together with the forward Want to know more about how to reduce the commission? telegram: btcethcool We have set up a community dedicated to the study of trading, add telegram friends to pull you into the community.