February 17 Hot Topics;
1. Coinbase agrees to SEC's extension of response deadline for its appeal case
2. JupiterExchange team members did not participate in insider trading and were not informed in advance of token contract addresses or specific launch times
3. SafeMoon announces the launch of a new Meme coin on Solana, with the contract not yet disclosed
4. Argentine president charged with fraud due to $LIBRA token project
5. JupiterExchange: Team members did not participate in insider trading and were not informed in advance of token contract addresses or specific launch times
Trading Insights
Summarized a few trading experiences to share with everyone! 1. When trading cryptocurrencies, focus on those with strong price trends. If unsure, you can refer to the 60-day moving average; when the price is above the 60-day line, consider entering or increasing your position; once the price drops below the 60-day line, decisively exit; this tactic is quite effective in most cases. 2. When encountering coins that have increased by more than 50% in a short period, do not rush to chase the price, as it can easily lead to panic. In fact, entering when the price is low not only carries relatively low risk but often provides greater profit potential later. 3. Generally, before a coin experiences a significant rise, it will release some signals. For example, the price may show slight fluctuations, roughly within the 10% to 20% range, while trading volume decreases. At this time, we can gradually buy in at lower levels, which likely allows us to benefit from the upcoming rise. 4. Once a new hot topic emerges in the market, the initial days will definitely see high interest and a large influx of funds. We should seize such good opportunities, closely follow the movements of big funds, and easily make money. 5. If a bear market arrives, you need to control yourself and refrain from trading for at least six months. During a downturn, limit your trading activity and know when to take a break; this is the behavior of true experts. 6. Every week, take some time to review your trading situation, not just to see if you made a profit or loss, but to examine whether the strategies you employed were correct. If the strategy is right, continue to stick with it; if wrong, quickly adjust and improve. By persisting in this way for a few months, your trading methods and thinking will become more stable.