The current trend of the cryptocurrency market is similar to that of last year. ❗❗❗
After a round of panic decline, it may usher in a rapid recovery. Just like the market during the Dragon Boat Festival last year, the market has now experienced a panic decline. Whether it will bottom out and rebound next is worth paying attention to. It is expected that if there is a rebound, the speed will also be very fast, possibly within ten days to half a month, and then we can observe which altcoin series will have outstanding performance.
Although the market is full of uncertainty now, it is also a period full of opportunities. Many altcoins experienced a sharp decline in April and May. Most of the currencies that are still rising in the market are a small number of strong or hot currencies. Therefore, it becomes particularly important to screen currencies and keep up with market hotspots. Many opportunities in life are encountered on the road of going all out, and the same is true for making money in the currency circle.
It is not easy to make money in the currency circle. The key to entering this circle for trading is to do two things well: risk management and trading mentality adjustment. If you can't withstand market fluctuations, it may mean that you are not suitable for the high-risk T+0 trading market. In the cryptocurrency market, only by doing a good job of risk control and mentality adjustment can you make steady profits in this volatile market.