Insights from years of practical experience in the crypto world, understand to avoid detours!

1. Do not be attached to hot coins.
Altcoins won't keep rising; once you make a certain profit, you should change them in time, otherwise, they might fall back to the original point, such as FIL and LUNA.

2. Key points for buying and selling at high and low positions
High position sideways consolidation before another rise is a selling opportunity; low position sideways consolidation with a new low may be a good entry point.

3. Evaluate based on the market environment.
In a poor market environment, when the coin price is flat against the trend, it will rise, and a small rise against the trend will lead to a large increase; in a good market environment, when the coin price is flat against the trend, it will slightly fall, and a small fall against the trend will lead to a large decrease.

4. Reasonable Position Addition and Reduction
Positions should be increased when the coin price breaks through the previous high, and do not add to positions during a decline to avoid increasing losses. Cut losses to allow profits to grow.

5. The upward trend at the bottom should be held firmly.
After identifying the bottom price, the coin price generally rises with a pattern of two steps forward and one step back, especially when it is trending upwards. During the rise, it will also consolidate, so don't easily get off the ride.

6. Investment looks at sector priority
Top players first look at sectors, focusing on popular sectors with high popularity and high win rates. Second-tier players look at individual coins, third-tier players look at indicators, and bottom-tier players purely gamble.

7. Volume and price are the fundamental indicators.
Indicators change with volume and price. Real technical analysis should look at volume and price because price increases require a significant amount of capital to drive them.

8. Key Points for Trend Operation
In an uptrend, look for support and rely on the support line to pull back for low buying; in a downtrend, look for resistance and you can open a short position or exit based on the resistance line.
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