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.
This is not a solution for day traders, because for a trader every time the market moves up or down, they will always use it as a momentum to gain profits, when the market experiences an increase, it does not mean that the market continues to soar without any decline, but we often see that every increase that occurs in the market will always be accompanied by a decline so that the decline becomes a gap for traders to take buying action and they sell it again after making a profit, indeed there are some of them who take exit action temporarily after successfully selling their assets when an increase occurs, but they usually exit the market only to prepare research on the next market movement and then they will re-enter the market with a new strategy.