The core of trading cryptocurrencies lies in precise timing: seizing the best moments to buy and sell.

The essence of cryptocurrency trading can be summarized in two sentences: "Limit losses to a minimum, let profits run." The deeper meaning of this statement is that once an abnormal trend in the token is detected, immediate stop-loss measures should be taken to keep losses within the smallest range. Once profits are gained, one must maintain enough patience to let small profits gradually accumulate into large profits.

When choosing a buying point, the primary task is to set a reasonable stop-loss point. The basis for buying tokens mainly includes three aspects: value analysis, technical analysis, and market cycles.

Some people tend to buy tokens solely based on value analysis, deeply researching the intrinsic value of the project while neglecting other factors. Others focus on technical analysis, believing that the market sentiment is entirely reflected in the changes in stock price and trading volume.

However, most traders prefer to rely on technical analysis. It is worth noting that the price of tokens is actually a reflection of the future prospects of the company. Therefore, a more reasonable approach is to combine value analysis with the selection of tokens; after identifying tokens with potential, one should mainly rely on technical analysis to guide operations. Always keep in mind the principle of "small losses and big gains" and learn to stop losses in a timely manner.

Imagine, if you were a big player, how would you manipulate public psychology? The strategies of big players are often not complicated. When they want to buy, they may quietly and gradually increase trading volume, causing prices to rise slowly; or they create an atmosphere of panic selling, triggering market fluctuations, allowing them to buy at lower prices. When they want to sell, they might first buy a portion, push up the price, and then look for the right moment to sell.

Regarding when to sell, this can be considered on two levels: first, how to set a take-profit point; second, after gaining profits, how to choose the right timing to sell for profit. The tops and bottoms of tokens are often difficult to capture accurately, so traders should focus on capturing 70% of the intermediate fluctuations.

Remember, do not attempt to find the highest point of a token, as market trends are always difficult to predict. Deciding when to sell is often more challenging than deciding when to buy because people crave to recover losses when they are in the red and hope to earn more when in profit. This psychological struggle is a norm in trading.