It is currently still in a shock stage as a whole, or in the repair stage after Bitcoin led the negative decline. In fact, more than 90% of the time in this market is spent in shocks, with rises and falls accounting for the other 10% of the time.
In the turbulent stage, the most important thing is to choose the currency, because only by oscillation can you see which currency is really strong, and then lie in advance and wait for the rise.
For example, using Bitcoin as a reference, as long as it is greater than the recovery decline of Bitcoin, it can be regarded as a strong currency. In the next stage of rise, these strong currencies will definitely rise sharply first.
For example, Bitcoin has risen to a maximum of 71769 in the past few days, and the decline has narrowed to 3%, while ICP has completely recovered its lost ground and reached a new high, which is definitely a strong currency; while FIL has narrowed its decline to 18% at most, only It can be regarded as a little boosted by the strong Bitcoin; SOL's decline narrowed to 6.6% at most, which is not as bad as Bitcoin, and it is also a strong currency; ORDI's decline narrowed to 17% at most, which is not considered strong, but it is also a strong Bitcoin. Brought up.
For the currency you are paying attention to, calculate how much the decline can narrow at most. If it is less than 10%, it is considered a strong currency. If it breaks the previous high like ICP, WIF, and SOL, or the decline narrows to very small, then buy it first , buy now, you may step on it twice later, but it doesn't matter, just build positions in batches. This is what I have repeatedly emphasized, be cautious and buy in batches. Niu Chu really can't buy and suffer losses, and can't buy and be fooled.
