When is it suitable to buy the bottom of altcoins?
The recent continuous decline in the market has caused many people to question whether the bull market has ended!
The Fed has not yet cut interest rates!
The previous market rise was largely driven by the enthusiasm of ETFs, and real retail investors have not yet fully entered the market.
As the enthusiasm of capital fades, it is normal for the market to adjust.
When can the market adjust to buy the bottom in batches?
The timing of entering the market to buy the bottom is something that will naturally not remain unchanged.
It is also difficult to predict where the "crazy bull" will start.
But please remember that for us, we must not have the fantasy of blindly buying the bottom and expecting to get rich overnight.
In the next market, the grasp of each trading point needs to be carefully planned, and complex operations will become the norm.
You need to flexibly use the phased position adjustment strategy and constantly adjust the position structure to follow the market trend and gradually reduce the average position cost.
Instead of blindly entering the market and being trapped!
Only in this way can we achieve steady growth of wealth when the bull market that may come in the future surges.
First of all, we must recognize the situation and ourselves!
What is the purpose of coming to this circle?
Build a complete plan for yourself, when to buy? When to sell?
What target to buy, what is the strategy? How to do risk control? How to manage positions?
I am Dafu, a lively blogger.
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