About how to take profits and exit altcoins:

1. Look at expectations and market capitalization. For example, if you expect a new hundred billion market cap to emerge in the meme sector this year, then the altcoins you bet on shouldn't be frequently traded or constantly monitored. Hold onto them and see if your coins have the potential during the overall market frenzy. If they truly don't, don't force it—acknowledge the mistake and sell. Misjudgments are normal; learn to accept them;

2. Look at patterns and structures. For some older altcoins, if they are neither in a popular sector nor have new hype topics, then their price increase is likely to be 1. following the overall market, or 2. major funds completing accumulation at the bottom, raising the price to release shares. At this time, you need to sell and eliminate those from your watchlist based on their patterns and structures;

3. Look at the main and secondary narratives. The main narrative coins will have several rounds of increases before reaching their peak; secondary narratives often follow a single surge;

4. Look at the overall market. Bitcoin is the guiding force in the crypto world, while the US stock market leads the way for Bitcoin, and their movements are determined by the overall economic environment and macro policies. During a bull market, remain sensitive to potential turning points.

As a seasoned crypto investor, I, Rabbit, share my experiences and insights. Interested in the crypto world but don't know where to start? Click on my avatar to see the introduction to my work, and let's witness the moment of miracles together.