Entering the crypto bull market, these tips must be remembered!
When you hear someone shouting, "Hurry up and buy, the whales are coming in!", you need to be cautious. This guy might be trapped himself and trying to drag you down with him!
For newly launched coins, let's not rush to touch them. Wait a few days and see how things go. The market is deep; don't be eager to stick your neck out.
If a coin rises by 10% in a single day, let's not chase the highs. This kind of momentum might disappear quickly, and when it drops back down, you'll be the one crying.
If a coin has dropped more than 10%, don't easily try to catch the bottom. You need to do some research first to see if there are any issues with the coin, such as being delisted or hacked. Examples like Luna crashing are not to be taken lightly.
When investing in cryptocurrencies, don't throw all your money in blindly. Keep half of your funds on hand; the market changes rapidly, and you need to have bullets ready to respond at any time. Otherwise, missing out on a real investment opportunity is what you'll truly regret!
