After entering the cryptocurrency market, I have accumulated some valuable experience and hope to provide reference for the friends who have just stepped into this field.



First of all, for popular cryptocurrencies and low market cap tokens, it is crucial not to be greedy. Although they may bring considerable profits, continuous rises are not possible. When profits reach a certain level, considering a swap is a wise choice. Otherwise, you may face a situation of profit reversal or even losses.

Secondly, observing the market trend is crucial. When the coin price consolidates at a high level and then surges again, it may be a good opportunity to reduce positions or exit. Conversely, if it consolidates at a low level and then hits a new low, followed by a rapid rebound, it often indicates a potential buying opportunity.

Additionally, the market environment significantly affects the price of cryptocurrencies. In an unfavorable environment, cryptocurrencies that trend sideways or experience slight increases may perform well. Conversely, in a favorable environment, cryptocurrencies that trend sideways or experience slight declines should be monitored for the risk of significant drops.

In terms of position management, I recommend increasing your position when the coin price breaks through previous highs, rather than continuously averaging down during a prolonged decline. This can effectively control risks and maximize profits. At the same time, decisive stop-loss actions are also necessary; do not let losses continue to expand.

For confirmed bottom areas, the "advance two, retreat one" upward pattern usually appears. At this time, it is important to maintain confidence, as there may be larger upward movements in the future. Especially during a trending upward phase, the alternation of rises and pullbacks is normal, so do not leave the market easily.

Finally, successful investors often focus on the trends of the entire sector, rather than just fixating on a single cryptocurrency or technical indicator. A comprehensive market perspective can help us make wiser investment decisions.

Remember, the cryptocurrency market is filled with both risks and opportunities. Staying rational, continuously learning, and making cautious decisions are key to establishing oneself in this market.
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BearHuggervip
· 08-25 13:27
Just suckers.
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OnchainDetectivevip
· 08-25 13:26
The obvious market maker whipsaw pattern, I saw through it early.
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LiquidityWizardvip
· 08-25 13:21
actually ur missing the key correlation between market liquidity and optimal entry points... smh rookie analysis
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CommunityJanitorvip
· 08-25 13:17
Experience posts that suckers can understand~
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