Things You Must Know About Bull Markets!
1. In a bull market, the hotter the coin, the faster and more severely it will drop.
2. Truly potential coins, hundredfold coins, will not be promoted or shouted about in the market; instead, only a very small number of people will occasionally mention them in the early stages (when traffic is low).
3. Market capitalization, number of exchanges listed, number of holders, and investment institutions are not reliable references for choosing coins.
4. The market is always a smooth curve of change.
5. There will always be people who kill the chart.
6. Altcoin pump tactics are consistent, and the time for promoting them is relatively long.
7. New coins that spike and then plummet should be avoided.
8. Similarly, there will always be people who chase after rising prices.
9. Buying leads to drops, selling leads to rises, just like social rules and systems that you cannot change.
10. If buying does not lead to a drop but instead an increase, and after making a profit of 5%-20%, it suddenly starts to decline, it indicates that this coin is about to start harvesting retail investors.