"Chasing gains and cutting losses" is actually a form of "going with the trend"; it is an advanced strategy in short-term trading. Top traders excel in this approach, and these individuals can always timely follow up when a rally begins and decisively exit when a downturn emerges.

However, not all cryptocurrencies are suitable for chasing gains; we should focus on those strong leading coins rather than niche altcoins that follow the crowd. Cutting losses also requires timing; when a large bearish candlestick appears at high prices or a top signal is identified, one should decisively execute a sell.

Chasing gains must be combined with cutting losses (taking profits and stopping losses); these two aspects are inseparable. Many beginners only understand chasing gains but do not know how to appropriately cut losses, resulting in short-term trades turning into medium-term, and medium-term into long-term, ultimately becoming trapped and turning into passive "market makers." This is all because they have not mastered the correct trading method for cryptocurrencies.

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Public account (Weekly strategy analysis from Monday to Saturday, irregular live analysis, and recommendations for high-potential cryptocurrencies) Crypto Little Bear