When playing with new coins, make sure to focus on the increase in contract positions;
Harvest in three waves: absorb, pull, exit. For new coins, you can skip the accumulation phase directly.
Most new coins will have a price increase after going live and adjusting for a while. This phase is mostly for locking in contracts for hedging and facilitating sales. So when playing with new coins, if there is a real adjustment for a few days followed by a rise, it must not retrace. Once the rising channel is broken, you must run quickly. The so-called momentum will weaken after an initial surge, and if it's weak, it won't regain strength. Are we really waiting for retail investors to jump in and continue the rise? Most of the time it works like this. Using this method, play with new coins, take your profits and run, don’t have the mindset of missing out. If BTC’s weekly chart hasn’t risen, the altcoins going against the trend have a very low probability. Even if you sell too early, remember that selling too early always leads to profit.
I basically play new coins like this, using fixed positions to make each play, generally achieving 20%-50%. Of course, there are times when I incur losses. When building positions, look at the risk-reward ratio. When playing with new coins, I basically wait in front of the computer; I cannot play casually outside. Pay attention to the risk-reward ratio combined with the fundamentals to control a -10% loss. It’s about winning probability. How to build positions: First, look at BTC's 4-hour expectations (there should be no downward risk in the short term), and second, use the five-step method to find entry points.
For short-term techniques, if you understand them, I don’t need to say much. If you don’t understand, no matter how much I share, you won't learn it.