In the early days when TIA first showed a head and shoulders top pattern, I firmly adopted the strategy of reducing positions at highs. Unexpectedly, under this strategy, the price of TIA quietly slipped, almost reaching the abyss of 80% decline.
This case is just a microcosm of the vast altcoin market, but it deeply reveals several crucial investment principles:
First, stay away from the altcoin game that takes over at high positions. It is cold at the top, and risks are often hidden at the top of the carnival.
Second, do not blindly invest in projects that are still in their infancy and have not yet been launched. The unknown is often accompanied by high risks and needs to be carefully evaluated.
Third, when the overall market trend is confusing and lacks a clear direction, it is wise to temporarily avoid the turmoil in the altcoin market to avoid getting lost in the chaos and suffering unnecessary losses.
If you can't find the direction in the currency circle and don't know what currency to buy, find me at Zui Ye Brief and share more information and strategies related to the currency circle for free.
