Many friends blindly follow Meme coins and end up getting trapped badly. In fact, beginners who want to survive longer need to first understand how risky these types of coins can be.
First of all, never chase gains or sell in panic. High volatility means you can be easily cut if you're not careful. When watching the market, pay attention to trading volume — how price and volume move together during declines is very important. Shrinking trading volume may indicate that downward momentum is weakening, but don’t rely on this signal alone; it’s essential to consider market sentiment as well.
If you already hold a position, it’s recommended to set a stop-loss. Generally, a stop-loss of -5% to -10% is reasonable, but it varies from person to person. The key is to prevent a single mistake from turning into a catastrophic loss.
Another very important point — learn first, then trade. Spend some time mastering basic technical analysis, such as how to interpret moving averages and what trading volume indicates. Use a small amount of capital to get a feel for the market rhythm; this way, the pressure from losses will be less.
Currently, the market trend is weak. My advice is to observe quietly. Wait until clear signs of a trend reversal appear before taking action — it’s much safer than blindly bottom-fishing.
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StableGeniusDegen
· 5h ago
It's the same old story. You should have listened to advice earlier, but you didn't, and now you're regretting it. I just want to ask, are those friends who went all-in still doing okay?
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ForkThisDAO
· 5h ago
There's nothing wrong with what you're saying, but too many people can't listen. I had already set an -8% stop loss, and my mindset feels much better.
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UnluckyLemur
· 5h ago
It's the same old story again. Unfortunately, 99% of people will still continue to chase the high after reading this. I bet five dollars.
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AllInAlice
· 5h ago
Trying to persuade us to cut losses again? Buddy, it's easy to say, but when it comes to life and death moments, who will cut at -5%?
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TradingNightmare
· 5h ago
It's all about stop-loss, stop-loss. It sounds easy, but when the price really drops, who still remembers this?
Many friends blindly follow Meme coins and end up getting trapped badly. In fact, beginners who want to survive longer need to first understand how risky these types of coins can be.
First of all, never chase gains or sell in panic. High volatility means you can be easily cut if you're not careful. When watching the market, pay attention to trading volume — how price and volume move together during declines is very important. Shrinking trading volume may indicate that downward momentum is weakening, but don’t rely on this signal alone; it’s essential to consider market sentiment as well.
If you already hold a position, it’s recommended to set a stop-loss. Generally, a stop-loss of -5% to -10% is reasonable, but it varies from person to person. The key is to prevent a single mistake from turning into a catastrophic loss.
Another very important point — learn first, then trade. Spend some time mastering basic technical analysis, such as how to interpret moving averages and what trading volume indicates. Use a small amount of capital to get a feel for the market rhythm; this way, the pressure from losses will be less.
Currently, the market trend is weak. My advice is to observe quietly. Wait until clear signs of a trend reversal appear before taking action — it’s much safer than blindly bottom-fishing.