Many people ask how to decide the entry and exit positions in altcoins.

Here are my personal views; please don't criticize if you disagree; I just hope to help some people.

First, we need to understand the nature of altcoins. When Bitcoin experiences a significant rise or fall, 99.9% of altcoins will follow suit. So, when considering a specific altcoin, first look at the trend of Bitcoin and Ethereum, and then examine the trend of the altcoin. Referencing the trends of Bitcoin and Ethereum to place orders can’t guarantee 100% accuracy, but it will definitely maximize your accuracy.

Although it’s just a few simple sentences, putting it into practice can be much more complicated.

In summary, learn more and observe more, reduce the frequency of entering the market while also learning some professional indicators and candlestick analysis from the industry to get your mind working.