Facing the intense fluctuations of the market, we need to be more cautious and rational.
Here are some suggestions to help you remain steady in a turbulent market:
1. Develop a strategy and manage risks: Only enter positions during significant liquidation events or when trend reversals are confirmed. Avoid chasing highs and cutting losses; focus on high-risk/high-reward opportunities that have clear technical and fundamental support. Also, set stop-loss levels to avoid major losses due to severe market fluctuations.
2. Concentrate investments on consensus-driven strong assets: Focus on projects with strong fundamentals, clear application scenarios, and proven resilience. Diversify investments into potential areas such as real-world assets (RWA), artificial intelligence (AI), and decentralized finance (DeFi).
3. Maintain emotional control and position management: Avoid emotional trading; stay calm and rational. Allocate 20% to 35% of your investment portfolio to stablecoins, in addition to mainstream cryptocurrencies, to maintain flexibility for future market corrections or emerging opportunities.
Follow me for more insights and information in the cryptocurrency space.