What situation do the coins in your hands belong to?
1. If you are trapped in a certain coin, do not casually increase your position. You should observe its trend. If the trend is downward, it's best to withdraw first, or at least reduce your position by half. If you keep increasing your position as it declines, you will end up with a heavy loss; that's a major taboo in trading coins! You might end up losing a lot and find it hard to recover your costs.
2. If you have a coin in your watchlist that consistently performs strong, declines less than other coins during downtrends, and increases more than other coins during uptrends, congratulations, you have found a strong coin. What you need to do is embrace this bull coin. If you have funds, focus on buying this coin, the more the better. If you don’t have funds, sell off weak coins and switch to this bull coin. You will soon see your profits increasing.
3. If you notice that the coins you bought are hitting lower lows, meaning the pattern is getting worse, and while Bitcoin is rising, your coin is flat or declining, you need to be highly vigilant. It’s very likely that the manipulators have run away. At this time, you should decisively switch coins and not hold on just because of losses.
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