The biggest challenge in handling altcoins like #UXLINK that double in a few hours lies in trading psychology.
1. When prices rise rapidly, a previously clear profit-taking plan can easily be disrupted, and the profit target turns into "let's wait a bit longer, maybe it can rise further."
2. Conversely, when prices turn downward, the mindset shifts to "wait until it reaches the previous high before selling," often resulting in prices plummeting.
The method to deal with such market conditions is actually quite simple:
Left-side profit-taking: Actively reduce positions in batches, controlling the position size to 1-3%.
Right-side profit-taking: Use the EMA20 moving average as support, exiting when the price breaks below it.
In the long run, the reliability of executing a trading plan is more dependable than emotions. #加密ETF申请热潮涌现 #GMT热度飙升 #FlokiETP流动性提案通过 #2025加密趋势预测