Seize the market opportunities, easy tips for making money
Common pitfalls for beginners:
Afraid to buy Bitcoin: Focusing on altcoins, missing out on mainstream coins.
Blindly pursuing altcoins for wealth: Buying in full, ending up trapped.
Following 'experts' recommendations: Lacking personal judgment, easily chasing highs and panic selling.
Looking at too many coins: The more you look, the more confused you become, the more chaotic the ups and downs seem.
Frequent trading: High-frequency operations incur more fees than the profits from price fluctuations.
Key to success: Find the right timing, choose good coins, and hold patiently.
Market patterns: The rises and falls in the market can be traced. Usually, after news hype, hot coins will surge, especially in a bull market, Bitcoin leads the market, and once it moves, altcoins will follow suit.
Operation suggestions:
Understand the cycles: Altcoins can be popular for a brief period during a bear market, but usually only for a short month. In a bull market, this kind of hot trend may last longer, even up to three months.
Patient holding: Avoid frequent market entries and exits, keep an eye on BTC, stabilize your position, and wait for bigger fluctuations.
Market volatility is predictable; find the right timing, wait patiently, avoid seeking quick gains, stay calm, and your profits will be more stable.
If this helps you, please give a follow.
