Remember the days when you get beaten, you can't get beaten in vain. This is the time to reflect on the entire review experience in November. Did you reduce your position in time when you made a profit? Many people doubled their money in November. Did you withdraw your principal in time? Did you control your position well? If you lose a lot of principal, you have to think about it. So far, our biggest loss is the return of profits. There is no way to deal with this. As long as you participate in the market, there will be fluctuations. The bottom line is that you can't get stuck with your principal, so that you have a chance to reverse:
1. When trading in cryptocurrencies, you must keep an eye on the strong currencies. If you are unsure, you may wish to refer to the 60-day line: if the line is above, you can add positions or buy, and if the line is below, consider withdrawing. This trick works well in most cases.
2. When encountering a coin that suddenly increases by over 50%, don’t rush to chase the rise; it’s easy to have a mental breakdown. It’s safer to buy at lower levels; the risk is smaller, and the potential profits could be even greater.
3. There are usually signs before a significant rise. For example, slight price fluctuations with changes between 10% to 20%, but trading volume begins to decrease. At this time, slowly buying in at low levels can generally follow the upward trend.
4. When the market shows new hotspots, the first few days are often the hottest. Seize this opportunity, follow the big funds, and making money will become easy.
5. When a bear market arrives, you need to restrain yourself and avoid making moves for at least six months. During bad market conditions, it's better to operate less; knowing when to rest is what truly makes a master.
6. You should review every week, not to see if you've made a profit, but to check if your strategy is appropriate. Stick to what's right and adjust what's wrong; after a few months, your trading methods will become more stable.
These 3 cryptocurrencies will rise against the trend by 20 to 50 times!
1. ALGO
The price of ALGO is $0.35, and analysts believe that the price of this token will soon reach $1. Algorand is one of the more mature cryptocurrencies in the market, with stable growth potential.
It focuses on scalability and transaction speed, making it an excellent choice for developers looking to create decentralized applications. Algorand attracts investors seeking a balanced risk-return profile and draws more investors due to its high level of innovation in the blockchain space.
2. KAS
As of the writing of this article, the trading price of Kaspa is approximately $0.1230, having increased by about 17.46% over the past 30 days. Although its popularity is far behind some peers, analysts believe Kaspa will soar, and once it starts to rise, the price could even increase tenfold.
This is enough to make Kaspa a part of your investment portfolio. Its growing community and unique technology make it likely to play a greater role in the altcoin space soon.
3. USUAL
Usual is a stablecoin issuer focused on empowering users through ownership and governance, creating a stir in the decentralized finance (DeFi) space. Usual launched the USD0 stablecoin on November 19 through Binance's new coin pool, supporting transactions between USDT and USUAL.
In just 24 hours, the price of $USUAL surged over 35%, while its daily trading volume skyrocketed by 569.02%. This significant increase highlights the growing interest and optimism in the market regarding the potential of this token. With support from well-known partners such as Kraken, Mantle, Starkware, GSR, and over 150 investors, Usual Labs is expected to achieve long-term success.
