Market trends often switch freely between rises and falls, which is normal. We cannot control the direction of the K-line fluctuations, but we can control ourselves. The following points can help us avoid detours and achieve better returns!
1. Hold onto low-price chips, don’t be easily fooled, stick to your own judgment, and beware of tricks from market makers.
2. Avoid chasing highs and killing lows; going all-in will only lead to losses. When the overall trend is positive, build positions in batches for lower costs and greater returns.
3. Distribute profits reasonably; don’t just keep adding to your positions without understanding how to release the potential of your funds.
4. Have strategies for rapid rises and falls; when prices rise quickly, first recover your costs, and during a sharp decline, remain steady, maintain a calm mindset, and avoid blind trading.
5. Understand the layers of speculation; early low-price positioning relies on experience, while later market speculation depends on technology and information—don't confuse the two.
6. Build positions in layers and trade in batches to create price gaps, effectively controlling risk and profit.
7. Familiarize yourself with the correlation effect; pay attention to the overall market rather than just focusing on the coins you hold, as the correlation effect can impact your decisions.
8. Balance your allocation between hot coins and value coins; ensure you have both returns and risk resistance.
9. Invest with spare cash, ensuring you have enough funds to cope with market fluctuations. Reasonable risk control and fund allocation determine your success or failure.