In the bull market, you must know
1--Don't blindly chase highs: In a bull market, the more popular currencies may fall faster and more miserably. Market heat doesn't always reflect true value, so choose carefully.
2--Deeply dig into potential coins: Currencies with real potential are often not widely known. They may be unknown in their early stages, noticed by only a few people. Dig deeper to find coins with potential that have yet to be discovered by the public.
3--Don't be fooled by superficial data: market value, number of listed exchanges, number of holders, investment institutions, etc. are not reliable references for selecting a currency. Data can be faked, but the real value lies in technology and application prospects.
4--Keep a cool head: The market always shows a gentle curve change, don't be fooled by short-term fluctuations. Analyze calmly and not be affected by the noise of the market.
5--Beware of pig-killing orders: There are many traps in the market. Whether it is the sudden rise or fall of new currency, or the situation of falling when you buy it or rising when you sell it, you must stay vigilant.
6--Seize the opportunity: When a currency rises instead of falling after buying, and starts to fall after making a profit of 5%-20%, it may mean that this currency is about to start harvesting leeks. Seize the opportunity and leave at the right time.
7--Don't blindly follow the trend: the currencies with the strongest rebound are often not the real potential coins. Think independently and don’t blindly follow trends. Look for currencies with independent market trends: Holding currencies that are contrary to the opinions of most people can often lead to independent market trends. Dig out those undervalued coins, they may surprise you in the future.
8--Pay attention to currencies that trade sideways: Those currencies that can stay sideways for several months after a large increase may be potential coins. Those that rise slightly and then trade sideways may be monster coins, and we should be careful about their future declines.
9--Continuous learning and research: The market is constantly changing, and new opportunities and risks are constantly emerging. Only by maintaining continuous learning and research and constantly updating your knowledge can you survive in the bull market with ease.
