Things to note in the monkey market at this stage
1. Direction selection:
Try to choose small market capitalization coins that have news
Choose a site with traffic (such as this round of DWF)
Choose the one that is unlocked (the project side takes the opportunity to sell it)
2. Position management:
There is no doubt that now is not a good time to make money, so I think a 20% position is very generous.
3. Stop loss
Whether it is spot or contract, I think it is necessary to stop losses (fixed investment or currency hoarding does not count). When there is ample liquidity, I usually set a limit of 20 points for copycats, but now, the bottom line is 10 points.
4. Don’t hesitate, don’t follow the pattern
At this stage, many opportunities come in waves, and market trends often appear, so when you rush, don't get entangled and hesitate, bring a stop loss, and you will make a profit. Regardless of the pattern, 10 to 30 points are the comparison in this cycle. A range of normalcy. If the trend is wrong, just admit defeat and don't play yourself into it with weird ideas.
1. Direction selection:
Try to choose small market capitalization coins that have news
Choose a site with traffic (such as this round of DWF)
Choose the one that is unlocked (the project side takes the opportunity to sell it)
2. Position management:
There is no doubt that now is not a good time to make money, so I think a 20% position is very generous.
3. Stop loss
Whether it is spot or contract, I think it is necessary to stop losses (fixed investment or currency hoarding does not count). When there is ample liquidity, I usually set a limit of 20 points for copycats, but now, the bottom line is 10 points.
4. Don’t hesitate, don’t follow the pattern
At this stage, many opportunities come in waves, and market trends often appear, so when you rush, don't get entangled and hesitate, bring a stop loss, and you will make a profit. Regardless of the pattern, 10 to 30 points are the comparison in this cycle. A range of normalcy. If the trend is wrong, just admit defeat and don't play yourself into it with weird ideas.