Tips for retail investors to turn things around:
1. Four things to play less: less short-term, less contracts, less local dogs, less NFTs-- (it's best not to play)
2. Four things to do: know your position in the cycle, ignore short-term ups and downs, learn to analyze the fundamentals of the project yourself, and insist on medium- and long-term value investment.
3. Timing of entry: try to participate in the early stage, low market value, no one cares, poor liquidity, and coins that are not listed on the big exchanges. Selling time: big Vs are shouting orders, groups are discussing, Twitter is analyzing, the weekly line is a big positive line and the increase is too large. In summary, buy when no one cares, and sell when the voices are loud. Click the main leaf to follow the official account: Bifangshe, free skirt ban
4. Pay attention to playing the band: only play the big band, ignore the small band. For example, if the market value is less than 5 million, the weekly increase exceeds 10 times, you should slowly clear the position. If the market value is between 5 million and 50 million, the weekly increase is more than 300%, and a large amount of sales should also be made. For those with a market value of more than 50 million and a weekly increase of more than 200%, they should also be sold in large quantities and bought back at a low price at the right time.
5. Before buying a coin, you must ask yourself a question: will it still exist in one year? Where is the estimated price? If you have not thought about these clearly, it is not recommended to participate.