Many will get angry with me for this TIP that I will leave you, and others will find it very useful. Here, you will not need to use price alerts, stop-loss, or all that nonsense, we will only use reverse psychology.
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1) Whenever you see a lot of people crying over a coin saying it's a scam, closely observe which coin it is and how far it is dropping. When everyone is crying, it is a clear signal that this coin is finishing liquidating, meaning it is completing its objective of taking a large part of the profits from those who bet on the rise, using all their manipulation power. It also means that it is reaching oversold territory and the end of its downward trend.
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2) Well, we will use $FOLKS LKS as an example. At this moment, you will see that the whole community (square) is crying, saying they lost a lot of money, that folks is a scam, that they will never enter that coin again, that it is trash, etc., etc.
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3) We see that the price at this moment is at 7.252 and that this candle, looking at it on the daily chart, is much smaller than the previous one. This means that it is reaching the end of its downward trend, that it is already oversold and is finishing liquidating all the retail investors, that everyone is abandoning the coin. At the same time, the next daily candle will logically be much smaller...
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4) When everyone is crying, it is because the coin is also reaching its strong main support, which in this case is between 5.5 or 5.
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5) Now you will tell me: "But if I enter at 5.5 and it drops to 5, it will liquidate me like the others and I will cry too." Brother, let me tell you that what I am teaching you is to help you lose less. It's not the same to enter at 50 or 20 than at 5.5. Now, do you understand my point and strategy?
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6) Let's get to the practice: do you want to secure profits? Okay. FOLLOW ME AND DON’T MISS THE SECOND PART, I am running out of characters according to Binance... I'll wait for you.