Trading Strategy

Trend Following Strategy: When the market is active and the price of the coin is on an upward trend, adopt the approach of 'entering the market first, exiting later, buying more and selling less' to continuously expand profit margins.

Key Points for Setting Support Levels: Before entering the market, accurately determine the support level. For short-term operations, the 10-day moving average can be considered as the support level; if the price falls below this support line and cannot recover the next day, decisively sell and exit.

Judging Entry Timing at Low Levels: When the price is at a relatively low level, if there is increased volume but the price stops rising, and subsequent pullbacks do not break the platform support level, it is an excellent entry opportunity. This is because increased volume at low levels often indicates the entry of major funds, and a pullback that does not break support serves as further confirmation.

Ideas for Resolving Losses: Once in a loss position, do not get bogged down by the cost. When a rebound occurs, decisively take profits and wait to buy back when the price drops again; do not blindly wait for the rebound to reach the cost price before exiting.

Choosing and Operating Strong Coins: Focus on trading strong coins, as these usually have significant price increases, reaching 30% or more, but also experience volatile washout conditions. If a coin frequently rises sharply and the pullback is within 30%, it is appropriate to enter the market, as a new round of market activity is likely to follow.

Adhering to the Original Principles: During the process of trading coins, it is important to adhere to the original investment philosophy. For investments that you are optimistic about, as long as they do not fall below key support levels, maintain patience. Do not blindly chase after other coins that are rising rapidly, as this can easily lead to frequent changes in positions but ending up missing out, ultimately resulting in losses.