I have always emphasized that the timing of entry and exit is more important than what currency to buy. Many brothers do not know how to escape the top, and often end up being disappointed. A few tips may help you:
1. The coin price fell back when it was rising, but the trading volume did not decrease much, which shows that the market is still hot and may continue to rise.
But if the price reaches a new high but the trading volume decreases, you should be careful, as it may be approaching the peak.
2. If the price of a currency stays at a low level for a long time, don’t rush to buy it. See if it will bottom out again and then rebound. If this reversal is successful, it will be a good time to buy.
3. The coin has been hovering at the bottom for a long time, then suddenly one day it breaks out and falls back again.
Don't rush; wait for it to surge again, that may be the real takeoff, and the increase could be significant.
4. The coin price is soaring, then starts to move sideways with constant small fluctuations up and down.
At this time, be cautious; the market may be tempting you to enter, but the risks are quietly accumulating.