This year's market has given us the most lessons, including position allocation, stop-loss setting, sector arrangement, and expectation management!!!
If you want to survive in this market for the long term, necessary summaries are very important.
The mainstream is a half position in spot trading, and the total position should not exceed eight coins. Even without stop-losses, the drawdown from yesterday to today will not exceed 10%. These two points alone surpass 85% of retail investors.
Good habits can start at any time; the money in the market is never-ending. However, repeated short squeezes and irrational operations can indeed lead to total losses.
The altcoin market is bloody, and the overall short-term bullish momentum is weak. Some coins have directly fallen below their daily trend support levels.
Bitcoin has seen a drawdown of over 10,000 points this time, reaching the largest single-day decline in the short term. Based on past experiences, market drawdowns do not usually end abruptly; there will still be opportunities for further golden pits in the short term.
Ethereum also took a big hit last night when it saw the situation was not right. Let's see if there are any opportunities tonight.
Recently focused altcoins: pepe, sui, apt, uni.
Next, which positions can be bottomed out? King will still lead everyone together in the fan group.
The positions that were ambushed last month have already seen profits, with at least five of them doubling.
For friends with choice phobia who don't know how to choose, comment 111 to keep up 🚀
