When participating in the AEVO project, investors need to pay attention to the following points to ensure more robust and wise decisions.
1. Comparative analysis of DEFI project fundamentals
It is crucial to understand the fundamentals of different DEFI projects. By comparing the core indicators of projects such as UNI and DYDX, such as market capitalization, trading volume, team background and technical advantages, we can better evaluate the potential and risks of the projects.
2. Wait for a breakout of resistance or a firming above the 20-day moving average
Technical analysis is an important tool for investment decision-making. Waiting for the project price to break through the key resistance level or stand above the 20-day moving average can help investors capture a more certain upward trend and reduce the risk of blindly entering the market.
3. The resistance level that is broken is the support level
Once the price breaks through a resistance level, it will usually turn into a support level. This means that when the price pulls back to that level in the future, it may get support. This technique can help investors better choose the entry and stop loss points.
4. The participating funds should not exceed 0.1% of the daily transaction amount
Risk management is the key to successful investment. Participating funds should not exceed 0.1% of the daily turnover to avoid adverse effects on market prices due to excessive funds. At the same time, this also helps to maintain the liquidity and flexibility of investment.
5. Lower expectations and increase risk
Investors should maintain a cautious attitude, lower excessive expectations, and at the same time increase their awareness of potential risks. In the high-risk cryptocurrency market, rational expectation management and full risk awareness are effective means to protect investments.
In short, participating in the AEVO project requires comprehensive consideration of fundamental analysis and technical strategies, while paying attention to risk management and mental adjustment. These five precautions will help investors deal with the market more calmly and achieve more stable returns.
