Things to do when the Crypto market fluctuates strongly at the present time:
1. Keep calm and disciplined in investing:
* Strong market price increases can make investors feel excited and prone to making hasty decisions. However, it is important to stay calm and adhere to the established investment discipline.
* Avoid FOMO (Fear Of Missing Out) - the fear of missing out on opportunities, leading to buying when the market is hot and selling when the market drops.
2. Take advantage of opportunities to increase coin proportion:
* When the market prices increase, this is an opportunity for investors to increase the proportion of coins in their investment portfolio. However, it is necessary to increase the density in a careful and controlled manner.
* Priority should be given to investing in coins with good growth potential and the ability to maintain long-term growth momentum.
3. Look for buying opportunities:
* The bull market also creates opportunities for investors to search for undervalued coins.
* Should focus on coins with good foundations, capable development teams and future growth prospects.
4. Diversify your investment portfolio:
* Diversifying your investment portfolio helps reduce risks for investors.
* You should invest in ecosystems with many utilities, high integration and application capabilities, many funds have invested.
5. Risk control:
* Even though the market is rising, investors still need to strictly control risks.
* You should set a stop loss level for each investment and strictly follow it.
Note:
* The above information is for reference only, investors should research and make appropriate investment decisions for themselves.
