The current market difficulty lies in the many uncertainties, and you must always be prepared for a roller coaster ride. There is no such thing as a guaranteed safe position. Whether it's the mid-month meeting, Wash's speech, or ongoing fighting negotiations, these can be good or bad, so you have to wait and see, let the big risks pass, and then observe the market's reaction to specific events.


For example, after I think the big fluctuations I expected have passed, I want to buy the coins I’ve been watching, but they still fall, going underwater. This shows I didn't wait for the right moment, but I think it's okay because I’ve been observing the coins I want to buy for a long time and think the position is acceptable. We can't pursue absolute precision in timing; fuzzy accuracy is enough. Now, besides holding what I’ve bought, I also occasionally play around with other trades to recover losses, which is very stressful.
ps So before you buy, you need to think about why you're buying and set your expectations. Think more before buying and be ready to stick to your decision.
Here, I strongly recommend the split-position method, which can greatly help you organize your buying and selling. Just divide your altcoin holdings into five to seven positions, one for each coin. (If you have less capital, three to five.) $BEAT
BEAT-13.94%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned