Trading altcoins requires skill; you must keep a tight grip on rhythm, position, timing, and allocation!
The core value of altcoins lies in making a profit during strong bullish trends, then converting it into more BTC. This is our trading goal, and we must revolve around it.
The entry position is crucial; you need to choose opportunities with a high risk-reward ratio within large time windows. Don’t just pick any position at random, or you might incur significant losses.
Time dimension is also important. Don’t think you can buy at the lowest point in one go; that’s impossible. The most reliable strategy is to build positions gradually, using time to create space to manage market fluctuations.
Position management cannot be overlooked. The majority of funds should be allocated to leading coins in the sector for stability. A small portion of funds can be used to gamble on lesser-known coins that may have potential, like CRV or UXLINK; if you bet right, it can lead to significant gains!
In summary, trading altcoins requires caution; you can't just mess around. Mastering these key points will allow you to navigate the crypto space with ease!
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