If you currently hold spot, be sure to clarify the following three key points! 😘

1. If you are stuck in a certain cryptocurrency, do not blindly increase your position. The first priority is to observe its trend.

If the trend is downward, you should exit in a timely manner or at least significantly reduce your position. 👍

Do not add more as it drops; otherwise, you will fall into the trap of heavy losses, which is a major taboo in trading cryptocurrencies! Otherwise, you may suffer heavy losses and find it difficult to recover your costs.

2. If there is a strong cryptocurrency in your watchlist, one that has a smaller decline than others and a greater increase than others, then congratulations, you have discovered a strong coin. 🤪

At this time, you should hold firm and increase your position in this strong coin. If funds are abundant, focus on investing more; if funds are limited, sell off weak coins and buy this strong coin instead. Soon, you will witness a continuous increase in your account profits.

3. If you notice that the low points of the cryptocurrency you hold are continuously declining, the pattern is worsening, and when the market (such as Bitcoin) is rising, this coin either stagnates or falls, you should be highly vigilant. 🤐

This is likely a signal that the major investor has withdrawn their capital. At this time, you should decisively change your coin and not stubbornly hold on due to losses.

In spot trading, clarifying the above three points may not guarantee profits, but it will certainly help you reduce losses and increase profit opportunities. 🤫

Currently, the market fluctuations are small, and it is expected that after Trump takes office next month, a series of favorable policies for the cryptocurrency circle will be implemented, which may usher in a bull market. 🤪🤪🤪

If you have any other questions, feel helpless or confused about trading, or want to learn more about the cryptocurrency circle and first-hand cutting-edge information, click on my avatar for free first-hand information, no threshold to guide you in layout #MarketRebound #GrayscaleHorizenTrust