In the Digital Money market, wise investment decisions are crucial for obtaining stable returns. This article will reveal six taboos for getting started and four principles for holding coins, helping you seize opportunities and avoid risks in a fluctuating market.



Acquisition Taboo:

1. Downtrend not halted: When a coin continues to decline and has not stabilized above the 60-day moving average, it is recommended to wait and observe for a clear reversal signal before considering intervention.

2. Traps After Positive News: Be cautious of coins that have already risen significantly and then receive positive news. This may be a signal that the main capital is preparing to exit.

3. Avoid rapid price surges away from moving averages: When the coin price rises quickly and moves far from the 5-day moving average, do not blindly chase the highs. Rapid increases are often accompanied by higher retracement risks.

4. High Gap: Coins that experience a gap up at high levels should be treated with caution. This abnormal trend may conceal the intention of the main force to quietly sell off.

5. Excessive Turnover Rate: It is best to temporarily avoid coins with a daily turnover rate exceeding 30%. A high turnover rate often indicates intense bullish and bearish battles, increasing investment risk.

6. Counter-trend rise: Be especially cautious of the coins that rise strongly despite a poor overall market environment. This may be a temporary illusion.

Coin Holding Guidelines:

1. The RSI indicator is in the ideal range: When the Relative Strength Index ( RSI ) is between 50 and 80, it indicates that the upward momentum is still present, and one can continue to hold.

2. Low-level gap up: Coins that break through from a low level and gap up may indicate strong upward momentum, so it is not advisable to sell too early.

3. Clear Uptrend: Coins that are in a clear uptrend should be held firmly, as following the trend often results in greater gains.

4. High concentration of chips: When the distribution of chips for a coin is highly concentrated, it may indicate that the main funds still have intentions to drive up the price, so one might consider waiting for a higher point to sell.

Following these strategies helps investors make more rational and professional investment decisions in the complex and ever-changing cryptocurrency market. However, as the market is constantly changing, investors also need to continuously learn and adapt flexibly in order to succeed in this field full of opportunities and challenges.
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tokenomics_truthervip
· 08-23 23:42
You need to pay more attention to the lines.
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AlphaLeakervip
· 08-22 00:33
Waiting to buy the dip during the big dump
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TopBuyerBottomSellervip
· 08-21 01:51
All learned from Full Position.
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YieldHuntervip
· 08-21 01:51
The market is right.
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