Explanation of trading strategy and the importance of adding positions during a pullback:

Here is a concise trading strategy and explanation of the importance of adding positions during a pullback:

[Cloud Path Blockchain Academy]

Trading strategy

• Solana (SOL)

• Entry price range: $145-171.

• Solana is a fast, scalable, and secure blockchain protocol that uses a historical proof consensus mechanism, capable of handling high transaction volumes compared to Ethereum.

• Dogecoin (DOGE) supported by Musk.

• Entry price range: in the image

• Dogecoin has a positive outlook for January 20, and can be bought on dips before then.

• Pepe (PEPE)

• Entry price range: $0.1355-0.1636. Pepe has long-term potential and is suitable for long-term investment.

• OP, NUI, CRV, AAVE, ENS, SSV

• These tokens belong to the Ethereum ecosystem and are suitable for buying on dips for long-term investment.

NUI

AAVE

• BNB can be held long-term and can participate in Binance mining.

• OM and ONDO, as new leaders in RWA, are suitable for buying during price pullbacks.

The importance of adding positions during a pullback

Adding positions during a pullback is a strategy that gradually increases investment when market prices fall, helping to reduce average costs and improve investment returns.

Here are some key points for adding positions during a pullback:

• Gradually increase positions in a planned and rhythmic manner: Increase investments gradually according to a pre-set plan and rhythm when prices fall, avoiding impulsive decisions due to market fluctuations.

• Batch investment:

By investing in batches, you can diversify risk across different price levels and reduce the risk of buying at a single price point.

• Patiently wait for the opportunity:

Trading requires patience to wait for the right opportunity, rather than rushing.

• Investment mentality:

Maintain a calm and rational investment mindset, and do not be influenced by short-term market fluctuations.

• Long-term perspective:

For assets with long-term potential, short-term price pullbacks provide better entry opportunities.

By using the above strategies and methods for adding positions during a pullback, you can improve investment efficiency and returns while controlling risks. I hope this information helps you make informed decisions in the cryptocurrency market.

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