What is the coin selection logic of these top traders? I have summarized and organized it into a mnemonic for everyone to refer to:
1. Check the fundamentals before selecting a coin; a reliable team is safe;
2. Innovative concepts with prospects; practical application is key;
3. Buy sideways and buy dips, avoid buying upwards; sell at the peak of excitement;
4. Continuous small increases are real increases; continuous large increases require exit;
5. A sharp rise should pull back; avoid deep pits and large purchases;
6. A main upward acceleration should see a peak; sell quickly during sharp declines and slowly during gradual increases;
7. A sharp decline with low volume is intimidation; a gradual decline with high volume signals to withdraw quickly;
8. Price breaking the life line; don’t hesitate to make a swing trade;
9. Pay attention to daily and monthly charts; build positions following the main force;
10. No volume during price increases; the main force is luring in buyers, don’t stand guard;
11. An active community with high popularity indicates project development has promise;
12. Continuous code updates; technical iterations have support.