$PEOPLE Cryptocurrency Guide for Strong Coins!!!

When feeling that the price increase is too rapid, the optimal choice is: to reduce positions to lock in some profits or temporarily exit (accept the possibility of missing out), and resolutely avoid counter-trend shorting.

Key Points:

1. Going with the trend is a hard rule: do not operate in the opposite direction based on absolute price levels.

2. Prioritize 'not guessing the top': especially applicable to cryptocurrency markets with strong upward potential.

3. Understand the characteristics of 'the bottom': Bitcoin often declines in stages, but predicting the bottom is equally difficult.

4. Major trend market: strictly adhere to the larger pattern and go with the trend, do not guess the top or bottom.

In a wide-ranging volatile market: it is appropriate to slightly narrow the scope, allowing for position reduction/exit (not shorting) when feeling that the price has risen too much, to enhance operability and execution.

5. Core risk control actions: in the face of possible local peaks, reducing positions is preferable to shorting.