The market has once again deeply corrected, have you gotten in?
If you feel fear with every trade, it's normal; trading is often counterintuitive.
Today I want to talk about the issue of selecting tokens.
As a capital provider, when you choose to pump, will you select the old coins from the last round to help previous holders break even, or will you choose new coins?
Each round will have different concepts and new hotspots.
Let the past stay in the past; there are only a few old brand tokens truly worth holding. If you don’t know them, you need to study and learn how to filter.
Previously, I suffered a lot of profit loss because I engaged in market conditions I wasn't good at, but that's okay; opportunities are always there, so protect your principal.
When encountering opportunities, be decisive; you must be patient; good opportunities are definitely worth waiting for.
In the market, there are three things to do: 1. Buy, 2. Sell, 3. Wait.
If you don’t understand trading well enough, I would recommend starting with spot trading slowly; contracts are a double-edged sword, and the consequences of misusing them can be imagined.
In short, during a significant upward trend, each correction may require you to consider where to enter the market, while in a downward trend, you need to think about where to short. By following the trend, we can survive for the long term.
I also experienced profit decline because I engaged in the correction phase of an upward trend; this is part of growth. We must summarize each failure.
Do not treat trading as flipping a coin; buy big or small.