Topic 5565584
Whatever you might be trading, bitcoin or memecoins, when the market spikes take it as a sign to leave not to enter the market. That should be the time where you know you have an edge over other traders because you were able to take advantage of when the market spiked. You were exactly where you were supposed to be. That is before the spike not after it.

Remember, Early birds get the worms.
It all depends on the type of trader you may be and the actual need to make use of the profits when it comes, but generally, what matters most is to take profits as a smart trader whether you be long or short term trader.

If you are a consistent DCA long term trader, no need of leaving the market when it spikes.

If you are a short term trader who needs profits for economical uses, then leaving the market immediately is the best option.