When trading, we often fall into fantasy, hoping that the market will develop as we expect, expecting that the price will rise after buying and fall after selling. But the reality is often the opposite, and the market will not operate according to personal wishes. The market will develop in the opposite direction, and the price will rise after buying and sell. Many traders will draw support and resistance lines, thinking that the price will definitely touch these positions. However, the market is dynamic and will not be fixed between two lines. When analyzing the market, the key is to determine the general direction, formulate a strategy and strictly implement it. Even if the market trend does not meet expectations, as long as there is sufficient basis, it is right to be wrong. When formulating an entry strategy, it is necessary to include stop-profit, stop-loss and position management. Even if the stop loss is triggered, it is still important to develop good trading habits. These habits are essential skills for mature traders. The key is to remain objective and not be affected by personal emotions. The strength of long and short positions at each stage can be judged. If the long position is strong, the price will rise, and if the short position is strong, the price will fall. Although the short-term market may be controlled by the main force, the large-scale market is usually difficult to control. The long-term investment process is full of temptations and traps. If you want to get long-term returns, you must wait patiently. The ultimate goal of entering the currency circle is to make money. For this, I can spend two years to wait for the layout, but many people don't have patience, which is why few people make money and many people lose money. Many people lack patience, get impatient when the market doesn't rise, change positions frequently, and finally find serious losses at the end of the bull market. Patience is the most important quality of a trader. It is impossible to trade right every time, and it is enough to be right seven or eight times out of ten. Wealth takes time to accumulate, so don't dream of making every penny in the market. These three cryptocurrencies have been mentioned many times, and those who have not configured them can configure them at a low point. SATS Against the backdrop of increased price volatility, SATS rose about 1% in the past day, 2.17% in the past week, and 5.16% in the past month, with a market value of US$600.605 million, ranking 93rd. The MACD indicator shows that the green histogram continues to decline, and the average is negative, indicating that there is greater downward pressure in the short term. However, the SMA indicator shows a bullish trend, showing that the market sentiment towards altcoins is mixed. If the bulls gain strength, SATS may test the resistance trend line of its triangle pattern in the D time frame.
TRX
Tron is a decentralized blockchain operating system similar to Ethereum that aims to advance the decentralization of the Internet and its infrastructure.
The TRX token has been performing solidly since the bear market bottomed out in 2022. While it has not hit new all-time highs since 2018, its gradual strength has placed it in the top 20 of the crypto market.
Even in the event of a market crash, Tron still maintains a bullish trend, with the trading price remaining above $0.14, and is expected to rise to $0.3 in the future as the market recovers.
If you are looking to get a 3-5x return in the short term, Tron is an investment option worth considering.
NOT
Notcoin is a community-driven token that attracts users into the Web3 ecosystem through a click-to-earn game. It has over 1.8 million followers on Twitter (X), a market cap of about $1.5 billion, and a large community where users can earn NOT tokens by clicking on their phone screens.
Initially, I was skeptical about the project, thinking it was just a hype coin. However, Notcoin has grown to become a top 100 coin on CoinMarketCap and was recently listed on Bybit and Binance with significant trading volumes.
Although Notcoin has experienced a recent drop, this also provides a better entry opportunity. Considering its strong community support and current market capitalization, it may be a good choice to add it to your portfolio.
Today's article ends here. We are currently in a bull market, and the situation is turbulent. We share passwords every day. If you don't know what to do in a bull market, welcome to follow us. Bull market spot passwords and layout strategies can be shared free of charge.
