The current market is entering a correction phase, and many altcoins' prices have returned to the previous rising range, and some coins have even seen declines close to the bottom, with limited space for further declines. This is a good opportunity to accumulate low-position chips, waiting for the price of major coins (Bitcoin) to rise and drive capital outflow, giving altcoins a chance for explosive growth. Remember, doubling in a day is not impossible in the short term.
The key is to learn to wait patiently and not to be impatient. The current trading strategy is: buy during sharp market declines, and accumulate positions gradually during corrections. It is crucial to master the correct timing for buying, gradually accumulating chips during the downtrend.
At the same time, avoid going all in at once; operating in batches is currently the safest approach. Buy small during slight declines and increase positions during major drops; if the market does not decline, do not rush to buy; sell appropriately during slight price increases, and consider reducing positions during major rises to avoid chasing highs. Learn to follow the market rhythm to avoid the 'chasing high trap' and truly transform from 'retail investors to smart money'.
