$BTC Btc fell slightly, but most copycats fell to new lows! Is there going to be a big shakeup in the copycat business next?

The market fell back after a second high, and it has only fallen a little now, but the altcoin has fallen even more than the last time it fell!

Many people have already begun to suffer losses in their copycats. What should be done next to avoid greater losses and avoid shorting the bull market?

Here are a few things you can’t do:

1. Blindly leverage, especially holding on to a copycat contract

The first thing to wash when washing the dishes is the lever. In every round, the lever will be cleared first before moving up.

Some people are too optimistic about a certain copycat product, have full spot positions, and think that their capital is too little, so they add a low leverage, thinking that the cost is low enough and will not explode.

The biggest risk in this market lies in what you think is impossible.

2. Don’t go against the trend and switch to highly volatile assets

The copycat products began to rebound, and some people started to sell their big cakes in exchange for copycat products, or cleared out their copycat products and exchanged them for local dogs, etc.

Now is not a good time for me to buy Earth Dog. Even if the stock price rises sharply, the speed will be too fast and I will not have enough time to react.

If you can't react, you don't deserve to eat this meat.

The greater the volatility, the more you should return to assets with lower volatility and wait for enough undervalued opportunities so that you have enough reaction time to act at the best time.

3. Chasing stocks that never rise in the same track

We always stay away from stocks that are rising well, but we are devoted to those that are not rising.

According to my observation, among the 20 stocks I recommended, 18 of them performed well, but most people would tend to hold the two that did not perform so well.

If the stock price does not rise, it will easily wear you down. After a long time, it will be easy to generate doubts, and even if it rises later, you may not be able to hold on.

Unless you understand it thoroughly and firmly believe in it from the beginning, there will basically be no problem.

What you need to do in turn are the following three actions:

1. Deleveraging

The more volatile the market is, the more you need to be careful to avoid making mistakes. As long as you make big mistakes in your investments, you can outperform most people in the market.

Deleverage, especially the leverage of altcoins that you currently hold.

2. Re-organize and determine the track configuration

Now Bitcoin accounts for about 55% of the total market value, and the halving is getting closer and closer, but the market does not have much hype about the halving, perhaps because it has already overdrawn this expectation in advance.

There is a high probability that there will not be the expected sharp drop after the next halving, and the market may have been cleaned up before the halving.

Bitcoin has been rising for seven consecutive months. Some tracks' copycats are very strong, while others are very weak. Once they fall, all coins will be pulled to the same starting point. This will give those originally strong tracks an opportunity that you missed.

If you lay out the right track for hot spots, there may be a breakthrough in the bull market later, otherwise you may get nothing from this bull market.

3. If you have a large position, you should set a moving "stop-profit order". If you have a small position, you should seize the opportunity to slowly make up for it.

Many people see that they have not sold at high positions, and did not lose money when it fell at the beginning, so they think that it is okay and the price will go back up. However, when the price falls far below the cost, they start to panic, until they can't help but sell at a loss.

Therefore, it is actually a very important basic ability to set up a position in advance to break the trend cost and exit some positions first.

For example, if my cost of bitcoin is 58,000, then I can set a "stop profit" when it falls below 60,000. This way, I don't have to worry about missing out, losing my money, or suffering a big loss.

That’s all I have to say for now, I hope it helps you!#BTC🔥🔥🔥🔥

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