Market trends often switch between rising and falling, which is normal. We can't control the direction of the candlestick movements, but we can manage ourselves. The following points can help us avoid detours and achieve better returns!
1. Hold onto low-priced chips
Don't be easily misled; stick to your own judgment and be wary of tricks from market makers.
2. Avoid chasing highs and selling lows
Going all-in will only lead to losses. When the overall trend is positive, build positions gradually for lower costs and greater returns.
3. Reasonable profit distribution
Don't just keep adding to your position; understand how to release the potential of your funds.
4. Have strategies for rapid increases and decreases
When prices surge, first recover your costs; during sharp declines, stay calm and maintain a balanced mindset; avoid blind operations.
5. Layers of strategy
Early positioning at low prices relies on experience, while later market tactics depend on skills and information. Don't confuse the two.
6. Layered position building
Buy and sell in batches, creating price levels to effectively control risks and profits.
7. Understand the interconnected effects
Pay attention to the overall market instead of just focusing on your own assets; interconnected effects can influence your decisions.
8. Reasonable asset allocation
Balance your allocation between hot coins and value coins to ensure both returns and risk mitigation.
9. Invest with spare money
Ensure you have enough funds to cope with market fluctuations; reasonable risk control and capital allocation determine your success.