I will provide you with a general framework that helps you responsibly choose entry opportunities today based on risk management. Note: This is not a specific buy recommendation, but guidelines you can apply based on your situation.
## 1) Define your goal and investment duration
- Are you targeting quick income within a day/two or building a position in the medium term?
- What level of risk do you usually take? Do not exceed a specific percentage of your portfolio in a single trade.
## 2) Choosing the right assets to enter today
- It is preferable to start with high liquidity assets and large market capitalization (e.g., Bitcoin and Ethereum) to make entry and exit easier.
- Avoid entering into assets with low liquidity or small news reports that may cause sharp volatility without clear fundamentals.
- Monitor the nature of the movement: Is there a general upward trend with local corrections, or random fluctuations?
## 3) Practical entry strategies
1) Dollar-Cost Averaging (DCA): Invest fixed amounts at specific intervals during the day/few days to mitigate the impact of volatility.
2) Enter on a rebound from a support level in an upward trend: wait for a price closer to the support level and then enter with a stop-loss in place.
3) Enter within a defined range: establish an acceptable price range for entering and exiting support and resistance zones and manage risks within it.
## 4) Basic risk management
- Define the maximum risk for each trade (% of the portfolio), typically 1–3%.
- Use a clear stop-loss order when entering.
- Set a reasonable profit target and stick to it, even if the market moves against you initially.
- Do not open more than 2–3 trades in a day if you are a beginner; fairness in risk distribution is more important than the number of trades.
## 5) Quick practical steps for today
1) Review the daily price chart of the specific asset/assets you want to enter.
2) Check general news that may affect the market (new products, regulatory changes, significant negative/positive news).
3) Identify one or two entry points and ensure there is an appropriate stop-loss and profit limit.
4) Conduct an assessment before the market opens as much as possible and follow updates throughout the day.
## Important notes
- The cryptocurrency market is highly volatile; only invest what you can afford to lose.
- These are general guidelines and not specific financial recommendations. Assessing your personal evaluation and risk tolerance is crucial.