The Ten Iron Rules of the Cryptocurrency World, Newcomers Remember!
1 Hot coins in a bull market drop the fastest.
Those coins that are highly speculated have severe control, and their bubbles burst quickly.
The more people chase, the more dangerous it is, like blowing up a balloon, it will inevitably pop.
2 The tricks of altcoins are pretty much the same.
First, they are heavily dumped, then slowly pumped up, and harvested in a different way.
This is how altcoins work, be mentally prepared.
3 The long-term trend of the market is upward.
Looking over a long period, the cryptocurrency curve is relatively stable.
Short-term fluctuations are normal, and the long-term trend gradually rises.
4 Potential coins are not being speculated.
Coins with real potential remain quietly at the bottom.
Few people mention them, like C98 and LEVER quietly rising.
5 Be cautious with newly listed coins.
Coins newly listed on exchanges that surge and plummet should not be touched.
These are basically traps designed by the market makers, and entering will lead to losses.
6 Price fluctuations are common.
Buying leads to drops, and selling leads to rises, it's very normal.
If you can't handle the volatility, you need to practice more.
7 The strongest rebounds do not indicate potential.
The coins that rebound the hardest are often speculative plays that have been hyped up.
Don't be fooled by appearances; potential coins have more stable fluctuations.
8 Be careful of being cut when there is a sudden pullback.
After buying a coin and it rises, if there’s a sudden pullback,
the market maker might be unloading. Be careful not to get sliced.
9 Coins that explode in the second half.
In a bull market, coins that were mediocre in the first half may explode several times in the second half. They are like marathon runners, gaining strength in the later stages.
10 Coins that have been sideways for months may explode.
In a bull market, coins that can remain flat for months after rising several times
are likely waiting for the next wave of explosion, so keep a close eye on them.
If your operations are not going smoothly, and you feel confused, remember two things:
Be proactive, strike decisively. Stay online and respond promptly when news comes in.
The election is heating up, now is the time to go all in.
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