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You need to have a long-term vision and terrifying execution power to thrive in the crypto world.
I've been watching this coin for a while, and it surged 900% in the first three months. Despite strong fundamentals, technical indicators have already issued a clear warning of a pullback; long before the decline started and while the trend was still rising, I thoroughly checked the relevant data:
1. The first thing is RSI being seriously overbought,
2. Next is the net outflow of spot funds,
3. Lastly, excessive leverage in futures trading, which could trigger a panic sell once sentiment reverses. I chose to buy decisively when it dropped 10% from its peak.
Currently, this hasn't reached my ideal profit yet, but it's acceptable for now; most retail investors probably won't hold for several days, and profits of 200-300% might cause them to lose patience. They might regret not holding a bit longer when they look back.
If you're like this too, you can follow the professor, who will teach you step-by-step how to lay in wait and how to maximize gains within your ability! #Gate广场五月交易分享