A Letter to Fellow Warriors in the Crypto Market: A New Cycle is Here, Are You Ready?
Brothers, the upcoming market is different.
BTC will no longer surge alone, and altcoins will no longer be at the mercy of others. Many old coins that you once looked down upon may suddenly explode when you least expect it, delivering a heavy blow to you.
At this moment, you may panic: What should I buy? What if I miss out? Is it still too late to jump into altcoins?
Don't rush, follow the rhythm
The first thing: Don't lose money
The easiest way to lose is through "revenge trading"—shorting because you missed the rise, or holding on stubbornly when it drops. Remember: You are in a bull market rhythm, so don't go against the trend carelessly.
The second thing: Accept the trend
An upward trend doesn't mean prices will rise every day; it means there are increasingly higher highs and higher lows. Accept the trend, and don’t lose your composure during fluctuations.
The third thing: Learn to buy the dip
It’s not about chasing highs, but waiting for opportunities. Watch for key support levels, or gradually build a position using the 20-day and 50-day moving averages, paying attention to position control; don't go all in at once. Take partial profits when it rises, and have some leeway when it falls.
For those using leverage: Take out 70% of your profits first, lock in your gains.
For spot trading: Look at the big cycle, don’t sell hastily; wait for top signals before making decisions.
One last thing: Don’t panic; opportunities are always present; the market will rotate, but your capital is limited.
Stay calm, stay hungry, keep up the rhythm, and aim for the next wave of opportunities!
Follow Buddha, and let’s accurately score points together.
