The upcoming market trends
You will feel that BTC is no longer surging as strongly as before and is leaving altcoins behind.
You will feel that altcoins are no longer experiencing significant declines like before and can rise while BTC consolidates.
You will feel that the market is no longer just rotating through memes or other PvP alternatives.
You will see all the old coins you gave up on rising in strength again within a short time frame.
"Help, I don’t know what to buy, no positioning, just found out I missed the breakthrough, and now it might rotate to altcoins, what should I do now?"
Let’s prioritize.
1. The best first thing you can do is not lose money.
And the only best way to lose money is through revenge shorting (because the instinctual feeling is anger from missing out) — entering shorts in retaliation or stubbornly maintaining a bearish stance.
Yes, a bearish position may still be correct, but this is from the perspective of thinking about what to do if the bull market continues (my view). Unless you really know what you’re doing and are very selective, don’t short, because you’re going against the trend.
Conversely, missing out on a bull market while others have already made huge profits and then retaliating by going long after a decline is not buying the dip; it’s catching a falling knife.
2. The second best thing is to switch to a mindset that we are indeed in an upward trend and it will last for a while. "Upward trend" — this does not mean there won't be any pullbacks, (but this means higher highs—higher lows—higher highs—higher lows) an ongoing cycle), actively embrace it. With it, buying 'anything at any time' allows you to exit relatively unscathed.
So assume you have figured out 1 and 2, great, you are no longer losing money and are on the path to making money. Now this proves that your belief is high, and you just realized that this is a buyer's market.
Then the third thing is to really buy on dips at the right time and try not to buy at local tops. FOMO peaks at local tops, and most people buy at local tops every time, even if the price later makes higher highs; a pullback will still hurt.
You yield to local lows, with prices making higher highs, which is different from doing the same in a range or downtrend, because if mishandled, the penalty for missing opportunities is not so great.
Therefore, cultivating a buying-on-dips mentality is a good thing.
Soul-searching question: How do I buy on dips?
The complexity of trading and the depth of research are almost irrelevant to the complexity threshold of the technical analysis you use; it can be as simple as buying a sufficiently long moving average to catch good dips, and you must have confidence that you will make money instead of losing it.
"Finding effective moving averages is very simple, but understanding market conditions is difficult, and only the latter can make the former work."
So now I have given you the conditions.
① Classic support and resistance.
② Find the right EMA and buy on dips every time it touches.
③ Buy a large position.
Once you buy on dips, the price should impact in the next few days (either rise or pull back some), your wallet is increasing, and everyone's focus is on taking profits.
If you are using leverage, I would say to take out 70% after you profit to continue expecting higher, as well as to limit the cost of capital rates because they matter.
If you hold spot, I would say to focus more on the big direction at the right time and definitely sell at the overall market top.
That said, you haven't lost that many opportunities to make money; you are just dealing with different situations, and I hope you have accepted that by now.
The profit potential in the market is limitless, and that is a given. The market will never disappear.
