Newcomers in the crypto world can easily earn a turnaround by following these 6 points
1. Identify the leading coins in the sector, hold them consistently, avoid frequent trading, and do not compare yourself with others. It’s easy to think that the coins in your hands are rising slowly while chasing after those that are surging. In the end, you get stuck, and then the original coins start to rise, resulting in two slaps in the face.
2. Spike actions are meant to clear long and short leverage contracts. If the spot price drops, do not panic; you can increase your holdings, especially during sudden spikes up and down.
3. Buy more coins that have a bulldozer arc bottom and those that are resilient to downturns. If Bitcoin stabilizes, a slow and steady rise is the healthiest form of growth. While a surge can be exciting, it can also drop quickly. In the crypto world, endurance matters; the firepower may be strong but short-lived.
4. When Bitcoin's market cap accounts for over 52%, you can appropriately exchange some Bitcoin for high-potential quality coins. Altcoins will explode, and whether you can get into A7-A9 in the second half depends on the performance of altcoins.
5. If you want your assets to increase by more than 20 times, you must buy (new forms, new highs, hot sectors, active trading volume, fundamentally strong coins). Relying on some old mainstream coins has a very low probability; the market always favors new over old.
6. A 20% correction in Bitcoin presents the best opportunity for long-term investment in potential coins.
