The market has started to heat up again these past couple of days, and many friends have privately messaged me asking: "What should we do this time? Is it still possible to get in?"
We are currently in a phase of alternating bull and bear markets, which is both the time of the most opportunities and the most pitfalls. Here are a few reusable ideas; as long as you avoid the pitfalls, you won't lose much money.
1️⃣ Prioritize mainstream coins and participate with a small position
Most people get excited and want to rush into altcoins, but the market has just started and is unstable, with funds not fully flowing in yet. Don't go all in right away; first, observe the trends of BTC and ETH, grasp the overall market direction, and then consider sector interconnections. Use a small position to test the waters, and if you see it going well, gradually increase your investment.
2️⃣ Don't fill your trading position all at once
In an unstable market, it’s most unwise to fill your position all at once. You can build your position in 2 to 3 batches, and once the trend is confirmed, then add more. This way, even if the direction is wrong, you leave yourself room to maneuver.
3️⃣ Have exit points planned in advance
Entering is easy, but exiting is difficult. Many people make a few points of profit and think about waiting a bit longer, only to lose everything in a wave of correction. In this kind of market, learn to take profits after a 5% to 10% rebound; don’t always fixate on so-called "doubling". Take the opportunity to eat slowly; don’t expect to get rich overnight.
4️⃣ If you don’t understand, stay out; staying out is also position management
If you can’t understand or are uncertain, it’s better to stay out and observe rather than force your way in. Wait until the trend becomes clearer before jumping in; that’s better than chasing high prices.
When the market comes, whether you make money or not depends half on luck and half on timing. Whether you can profit this round depends on whether you can control your hands and protect your profits.
Opportunities are here; why not try these methods? Feel free to reach out to me for help.
