Basic work preparation is done, and it's hard to think of losses while sitting still.
Hair removal: Create a list of major financing projects led by large institutions that have not yet launched, pay attention to Twitter, subscribe to official emails, join communities, and develop a habit of checking official update announcements daily. Decide how to interact based on the intensity of activities.
Secondary: Set up a separate Twitter account, organize and follow the official accounts of the top 50 or top 20 market cap projects, and set up message panel alerts. At the same time, add the official token unlock dates to the list, operate according to official actions before and after the unlock, and monitor project addresses and large transfers, especially pay attention ⚠️.
Mutt: Every period has a “Golden Dog King” blogger! Some have strength, some have schemes! They are like the top of our cryptocurrency rankings! Retail investors with large funds will choose to follow their mutts, and the number of calls is fierce! Paying attention and jumping in at the first moment has very little risk!
At the same time, make good use of relevant tools to monitor the leading addresses!
The leading addresses also have small circles, and they will also call out and preach!
At their peak of influence, basically, whoever they call will rise.
In short, it's about focusing our limited energy on high-quality information and high-quality people, which can reduce the loss rate and increase the win rate.
At the same time, optimize your position management and stop-loss settings well.
How much position to hold long, how much profit to take back, and how much to clear out during a pullback!
The above are some small tips for making money in this track that I have seen around me.
There are many more, but the main thing is how to establish efficient and correct information channels according to your own situation.