Strategies on how to stop profit and escape the top of altcoins
1. Evaluate expectations and observe market value expectations: For example, if you predict that a new 10 billion market value project will be born in the meme track this year, then you should carefully choose and hold the currency you are optimistic about, and avoid frequent trading and watching the market.
Pay attention to changes in market value: When the overall market sentiment is high, observe whether your holdings show the potential to become a potential 10 billion market value currency. If you fail to do so, you should stop losses in time, realize that misjudgment is the norm in investment, and learn to accept and adjust your strategy.
2. Analyze the form and structure form judgment: For old secondary currencies that are not popular tracks or lack new hype topics, their price changes are often affected by the market or manipulated by the main funds.
Structural analysis: If the currency pull-up mode is in line with the trend of the market or the characteristics of the main funds absorbing funds and then pulling up shipments, it should be sold in time according to its form and structural changes, and deleted from the self-selected list to avoid unnecessary attention in the future.
3. Follow the track and plot development Main track: The main line currency usually goes through multiple rounds of pull-ups and finally rushes to the top. Side story: Side currencies may show a one-time sharp rise.
Flexible response: According to the track and plot development of the currency, flexibly adjust the position strategy.
IV. Macro perspective to examine the market Bitcoin vane: As a vane of the currency circle, the trend of Bitcoin has an important impact on the overall market sentiment. Leading role of US stocks: The performance of the US stock market often affects the trend of Bitcoin and even the entire currency circle. Macroeconomics and policies: The overall economic environment and macroeconomic policies are the decisive factors for the trend of Bitcoin and US stocks.
Maintain sensitivity: In the bull market stage, it is necessary to maintain a high degree of sensitivity to possible market turning points in order to adjust investment strategies in a timely manner.
