Prepare these basic tasks well, and if you're still losing money, come find me!!
Level 2: Create a separate Twitter account, organize and follow the official accounts of the top 50 or top 20 market cap tokens, and set up message panel alerts. At the same time, add the unlock dates of official tokens to your list, and operate in conjunction with official actions before and after the unlock. Monitor project addresses and large transfers, especially pay attention ⚠️.
Meme Coins: There is always a 'Golden Dog King' influencer emerging in every period! 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 meme coins, and the volume of calls is huge! The risk of jumping in at the first moment is very low!
Harvesting: Create a list of projects with large financing, led by major institutions, that have not yet launched. Follow their Twitter closely, subscribe to their official emails, join the community, and develop the habit of checking official updates every day. Decide how to interact based on the intensity of activities.
At the same time, make good use of relevant tools to monitor the lead addresses!
The lead also has a small circle, and they will also make calls and preach!
During their peak influence period, basically, whichever project they shout, that one will rise.
In short, it is about focusing our limited energy on high-quality information and high-quality people, which can reduce loss rates and increase win rates.
At the same time, optimize your position management and take-profit and stop-loss settings. How much position to hold long, how much profit to take back, and how much to clear out during a drawdown!
The above are some of the small tips I have learned from those around me who are making money in this field.
There are many more, but the main focus is on how to establish your own efficient and correct information channels, depending on your own circumstances.
