This wave of correction has caused a lot of panic. In fact, missing out is not scary; operating this way can definitely grasp the market rhythm.
Faced with the anxiety of missing out while the market continues to rise, there is actually no need to panic! Mastering these few tips can help you easily cope with market fluctuations.
First, you need to 'shop around' in the market and pick a few cryptocurrencies whose logic you can understand.
Just like choosing reliable partners, you need to look at their 'background' — the project's background, technical strength, application scenarios, and other fundamentals must be solid; then check their 'popularity' — capital inflow and outflow, market activity, and other financial aspects must also be decent. Only such targets are worth focusing on.
After selecting your targets, don’t rush to act; first, do your homework and play the role of a 'market detective.'
Open the K-line chart, take a good look at the daily and weekly lines, and judge whether it is currently at a short-term 'key' resistance level. Regardless of whether the answer is yes or no, the next operational rhythm must be precise:
First, 'set a foundation' for your position; do not stubbornly cling to the obsession of 'waiting for a pullback to enter.'
Once the market starts, it is like a running train; where are the opportunities to stop and wait for you? Since you see its potential, why not decisively establish a base position to avoid watching the market take off while you can only stamp your feet in frustration.
After establishing the base position, you need to 'set a tone' for your position.
Based on the risk you can tolerate, allocate your position comfortably, and then hold steady.
Short-term market fluctuations are like changes in the weather, sometimes sunny, sometimes rainy; don’t let these small waves confuse you and disrupt your rhythm.
Finally, it’s about 'being able to endure loneliness and waiting for prosperity.'
Patiently wait for the moment when market sentiment heats up, and when everyone in the streets and alleys is discussing the market, adjust your strategy based on the situation at that time, and reap the market dividends that belong to you.
