A brother asked Lao Te, how to timely take profits and escape the peak in the current market?

1. Look at expectations and market capitalization. For example, if you expect a new hundred billion market capitalization in the MEME sector this year, then you shouldn't operate frequently with the coins you bet on, nor should you watch the market frequently; just hold on to them. Then, see if your coin has the potential during the overall crazy phase of the market. If it truly doesn't, don't stubbornly hold on; it means you made a mistake, just sell it. Making mistakes is common, learn to accept it;

2. Look at the patterns and structures. For some old secondary coins, if they are neither in a hot sector nor have new hype topics and popular narratives, then their rise is likely to follow the overall market, or the main funds have completed their accumulation at the bottom and are raising prices to release chips. At this time, you need to complete the delete from favorites based on their patterns and structures;

3. Look at the sectors and main/sub lines. The main storyline coins will have several waves of rises before reaching a peak; sub-storyline coins are often a one-off flow;

4. The last point is to watch the overall market. Bitcoin is the direction of the coin circle, and the U.S. stock market is the guide for the big pie, and their trends are determined by the overall economic environment and macro policies. In a bull market, maintain sensitivity to potential turning points.

Follow Lao Te to avoid getting lost, and let's get on the train together to make big profits! #meme板块关注热点