THINGS TO DO AFTER BUYING A COIN
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After a few years of "living" with Market, I realized that one of the reasons leading to low prices or swings at the top can be summed up in one word "careless". Many people have been and still continue to trade by waiting for bets from KOLs and then participating in projects where the reason for buying is not convincing enough, or after buying it, throwing it away, deleting the app, etc., leading to Hold to …die.
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Trading is a job that requires spending as much time as possible on the Market, sometimes having to be on duty almost 24/7 with the market. After the wave in November 2023, our Vietnamese community had a joke: "If you don't update the market for a day or two, you'll become an archaic person."
Many people still wonder why some people are so good at finding Hidden Gems, or catching the bottom and the top. Simply because they spend time on the market. So what to do? I have shared a lot about this issue, here I summarize the main ideas for everyone to refer to.
There are three data that we must regularly update, which are Vol, Mcap and the number of tokens the top wallets hold. Why pay attention to these three data?
. First, talking about Vol, this is one of the very important data, because it will directly reflect the psychology of those participating in the project. If vol is low and price keeps swishing, it means the market is hesitant, both buyers and sellers are balanced and equally hesitant.
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Articles collected from Tien Dung
