To avoid most losses in a bull market, you must recognize the following sharp truths:
Risks of hot coins: Coins that are so hot that people are jealous are often accompanied by high control risks. Once the bubble bursts, the speed of decline will be faster than you can imagine.
Potential in a low profile: Real potential coins are often so low-key that people ignore them. They are not like those highly hyped coins, which only a few people will quietly pay attention to at the bottom. For example, last year's C98 and LEVER are dark horses in a low profile.
Look at the trend from a global perspective: The trend of the cryptocurrency market may seem to be fluctuating, but if you look at the overall situation, you will find that it always follows a gentle curve. Don't be confused by short-term fluctuations.
The tactics used by altcoin dealers to pull up the price: The tactics used by altcoin dealers to pull up the price are almost the same. They will first smash the price violently and then slowly pull it up. This is their usual trick.
New coins may rise or fall sharply, so be careful: If new coins on the exchange rise or fall sharply at the beginning, it is likely that the market makers are manipulating the market. You'd better not touch such coins.
Mentality determines success or failure: if you buy, the price drops; if you sell, the price rises. This is the normal state of the market. If you can't even bear this little fluctuation, then you really need to adjust your mentality.
Profit-taking pullback, beware of harvesting: After you buy, the price of the currency does not fall but rises, and starts to pull back after you have made a profit of 5%-20%. This is likely a signal that the dealer has started to harvest, and you should consider taking action at this time.
The fierce rebound of the leek plate: The ones with the strongest price rebound are often not the potential coins, but the leek plates manipulated by the bankers. They may seem prosperous in the short term, but in the long run, they are extremely risky.
Potential coins will gain momentum in the second half: In a bull market, some potential coins may perform mediocrely in the first half, but in the second half, they will often start to rise several times. This requires you to have enough patience and vision to discover them.
If a coin can remain sideways for several months after experiencing a multiple increase in value during a bull market, it is likely to be a coin with real potential. Such a coin is worth holding for a long time.
If you have been losing money and don’t know what to do, then now is the time to join me in planning a 100-fold potential coin! Please see how I can accurately capture the pulse of the market and lead you to the road of profit!