In the currency circle, for a digital currency to continue to rise, three key conditions must be met: a good chip structure, a continuous and reasonable narrative, and a steadily growing community. Whenever the market fluctuates and falls, you might as well ask yourself: Do you want to buy more as it falls, or do you want to run when it falls?
The recent small-cap market has allowed us to witness the short-lived glory of many currencies, but they will eventually be like a flash in the pan, moving with the rise of Bitcoin, but it is difficult to surpass. When the market is cold and the decline increases, many followers will choose to sell, which is also the reason why many people lose money in the bull market.
Therefore, if you want to seize opportunities in this volatile market, it is crucial to understand and evaluate these three factors. First, pay attention to whether the chip structure of the currency is healthy and whether it can effectively prevent large investors from selling; second, rational narratives can attract more investors' attention and trust; finally, an active community is the source of power to support the continued growth of the currency.
In summary, in the currency circle, you must not only know how to buy, but also know how to hold, grasp market dynamics, and invest rationally, so that you can ride the wind and waves in this volatile ocean!