When do we trade in major currencies like Bitcoin and Ethereum, low-risk products, and when do we trade in altcoins like Dogecoin and high-risk currencies?
How is the current cycle going? I will tell you.
There is currently negative news, for example, on the brink of war between America and Iran.
And there is positive news, for example, currently on the brink of a rate cut by the American Federal Reserve or hints of a rate cut, and the rate is currently stable.
When the market is green, trade in the currency you love; during the rise, everyone is winning.
During the decline, stick to major currencies only.
Avoid altcoins during the decline because their losses are significant due to low supply and low market value, resulting in very large losses upon selling.
And most importantly, do not forget to set stop-loss orders, manage capital, and maintain consistency.
How is the current cycle going? I will tell you.
There is currently negative news, for example, on the brink of war between America and Iran.
And there is positive news, for example, currently on the brink of a rate cut by the American Federal Reserve or hints of a rate cut, and the rate is currently stable.
When the market is green, trade in the currency you love; during the rise, everyone is winning.
During the decline, stick to major currencies only.
Avoid altcoins during the decline because their losses are significant due to low supply and low market value, resulting in very large losses upon selling.
And most importantly, do not forget to set stop-loss orders, manage capital, and maintain consistency.
