When looking at coins, there’s one thing I pay the most attention to: trading volume. $BTC
It’s not surprising to see the price go up. But I never look at upward moves with no volume. Only when the price expands together with the trading volume does it indicate that real money is flowing in—this is the kind of opportunity worth paying attention to. A pump without capital support, no matter how good it looks, is fake and can come crashing down at any time. #StocksAndBondsFall $HYPE
After finding a coin like this, I still check whether it has momentum support. Is it in a recent hotspot sector? What does the market consensus look like? Is it getting a lot of attention? Coins without real momentum get pumped and then dumped—the moment someone moves in, you’re just the bagholder.
I’m also particular about the timing of entry. I never chase the first wave of a sudden surge. I wait for it to pull back. When it retraces to a key support area, the trading volume shrinks, and the price stabilizes, then I consider entering. For the people who rush in during that first spike, eight out of ten end up stuck at the top of the hill. The ones who truly make money are the group that waits for the pullback. Don’t be impulsive during a sharp rally; don’t be afraid during a retracement. Once you master this rhythm, your odds naturally improve.