The recent sector rotation has completely activated the cryptocurrency circle!
The market haze has been swept away, the mood has quickly recovered, and everyone's enthusiasm has been ignited again.
As for whether it will continue to fall, there is no need to worry too much. The market is not just about the K-line, there are many forces behind it that are driving the market.
In the first half of November, sub-mainstream and meme coins drove the market, and bold friends made some money by changing positions.
But in the second half of the month, Ethereum rose strongly and once again drove the entire cryptocurrency circle.
After 7 months of decline, November allowed those who persisted to recover their capital and make profits, and the market entered an awkward period again: should they leave or continue to hold coins?
Everyone who trades in cryptocurrencies has their own entanglements, and the troubles are different at different stages.
Short-term: suitable for people who understand technology and can watch the market.
Mid-term: suitable for people with limited capital cycles.
Long-term: suitable for most people, who can grasp the key market and balance work and life.
Nowadays, all walks of life are under great pressure, and cryptocurrency trading is no exception. Be sure to leave time to digest emotions.
Emotional outbursts may affect family and work, and the gains will not outweigh the losses.
Cryptocurrency trading is a lonely industry. If you miss the market, you will be anxious, but don't cut your losses and change your positions casually.
Changing positions is a technical job. People who don't understand technology and fundamentals are prone to make mistakes. When changing positions, the currency may take off, and the one you hold may not rise.
Therefore, the best way is to solve the problem from the root.
If you don't understand technology, learn it. If you don't understand fundamentals, pay attention to official information. This process is a little slower, but don't joke with money. Stop the decline first and then gradually make profits.
Just like the market, stop the decline first, then increase the volume, and finally may usher in a reversal.
The previous Bonk, Doge, and XRP have all doubled out.
For the next layout, I will continue to be optimistic about the huge profit opportunities of MEME coins, especially those projects with great potential.
There are currently two projects I am watching. Wait for the callback to be in place and then ambush them. It is not difficult to double!