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Newbies often make the mistake of going Full Position and getting hit, and as soon as they recoup investment, they quickly Rug Pull:
1. Every time Bitcoin pulls back, it is a good opportunity to assess the strength and weakness of altcoins. Although some altcoins are weak, this round still has many altcoins that are stronger than Bitcoin or in sync with Bitcoin's rhythm.
Secondly, referring to the first point, a cutting position strategy can be used.
If it goes down further, I will take back all positions. If there is no significant drop, I will gradually look for the bottoms in small-range intervals to buy.
When in Full Position, I call this holding the order to pull the average price, and after reopening, I call this gradually bottom-fishing little by little.
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