You will feel that $BTC is no longer surging like in the past, leaving other altcoins far behind. Instead, altcoins are starting to have their own rhythm, no longer plummeting with BTC, and even rising against the trend when BTC is consolidating.
You will find that the market hotspots are no longer just those meme coins or other short-term alternatives, but are more diversified.
You may be surprised to find that those old coins you once gave up on suddenly come back to life at some point, with astonishing gains.
At this time, you may feel confused: 'I don't know what to buy, I've missed many opportunities, what should I do now?'
Don't rush.
First and foremost, don't let yourself lose money. Many people develop resentment for missing opportunities and blindly enter short positions, which is a big taboo. Unless you really understand the market, do not short easily, as it often goes against the trend. Likewise, don't rush to chase high prices after missing a bull market, as that may make you a bag holder.
Secondly, you need to change your mindset and admit that we are indeed in an upward trend, and this trend will continue for a while. This does not mean the market won't pull back, but the overall trend is upward. Therefore, you must actively accept this and learn to buy at the right time. Even if the price pulls back after you buy, you can exit relatively easily.
So how do you buy at the right time?
This is the third thing - buying on dips. Don't chase high prices when they hit new highs; the risk is too great. Instead, you should buy when the price pulls back to relatively low levels, so even if the price rises again, you can make steady profits. Of course, this requires a certain level of judgment and patience.
As for how to determine the right time to buy on dips, it’s not that complicated. You can pay attention to classic support and resistance levels, find moving averages that suit you, and buy when the price touches the moving average. Remember to have confidence after buying; believe that you can make money, rather than worrying all day about losing money.
Finally, whether you are using leverage or holding spot, you must learn to sell at the right time. If you use leverage, take profits and close part of your position in time to reduce capital costs; if you hold spot, pay attention to the overall market trend and decisively sell in the top area.
In short, there are plenty of opportunities to make money in the market; the key is to learn to respond to different situations, remain calm and rational. Remember these suggestions, and I believe you can go further in the crypto space.
Recently, I plan to ambush a potential coin that is ready to explode; doubling is quite simple, and I also plan to find some potential coins to hold until the end of the year, expecting a space for more than ten times is not a problem. If you want to keep up, like + leave a message, and I will share without charge.
$ETH $SOL
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