Many traders ask: "When do we sell?" But the correct question is "When do we accumulate?".
When observing the current market movement, we notice that currencies with strong communities like Shiba Inu ($SHIB) and currencies with legitimate and established technical projects like Ripple ($XRP) are going through "boring accumulation" phases, which often precede big movements.
Here are 3 golden tips for the next phase:
Do not chase green candles: Buying at a big spike is a trap that beginners fall into. A professional trader buys when the market is "calm" or slightly leaning towards red.
Use "take profit" orders: Do not be too greedy, set your goals in advance and place automatic sell orders.
Portfolio distribution: Do not put all your capital into one currency no matter how tempting it may be. Distribute between leading coins and altcoins.
We are living in a golden age of trading thanks to AI tools that make it easier for us to read charts. Take advantage of these tools to always stay one step ahead.
A question for you: Do you think $XRP will break the $1 barrier soon? Share your predictions in the comments! 👇
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