As an investor immersed in the digital asset field for many years, I have witnessed countless newbies making mistakes due to a lack of experience. Some blindly get on board at high prices and end up trapped; others miss the opportunity to hold quality assets because of a lack of patience. Today, I will share ten investment tips that have been tested in practice, all of which are practical and easy to understand, hoping to help newbies avoid common traps.



First of all, for those digital assets that usually perform strongly, if you notice that they suddenly start to pull back and have continuously fallen for 9 days, then they may be approaching a relatively safe buying range. However, do not rush to get on board. Add these assets to your watchlist and wait for stabilization signals to appear, such as when the price stops making new lows or starts to rebound slightly, before considering buying, as this can effectively reduce risk.

Secondly, regardless of what type of digital asset you hold, if it rises for two consecutive days, even if the increase is not large, it is recommended that you consider reducing a portion of your position, such as 20% to 30%. This has two benefits: first, it can lock in some profits and prevent subsequent pullbacks from causing a loss of earnings; second, it provides some liquidity, so if a pullback does occur later, you still have funds to buy back at a lower price.

Additionally, if a certain digital asset rises more than 7% in a day, it usually indicates that the funding heat of the asset is very high on that day. This trend of rapid increase often does not end immediately. The next day, there is likely to be further opportunities for upward movement, such as continuing to rise after the market opens or reaching higher points during the trading session. In this case, do not be quick to sell; first observe the upward momentum. If the upward trend begins to weaken, for example, encountering significant resistance levels, that may be a good time to consider taking profits.

These are just a part of the ten practical tips I've summarized. Remember, in the digital asset market, there are no assets that will rise forever; even the strongest assets will experience corrections. Staying calm, analyzing rationally, and managing risks moderately are key to achieving success in this market full of opportunities and challenges.
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MonkeySeeMonkeyDovip
· 5h ago
Newbie really has a lot of pitfalls
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