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The biggest characteristic of assets like RIVER is their extreme volatility. Success and failure both depend on this volatility. If you observe it starting to consolidate and the trading volume significantly shrinking, it indicates that hot money is withdrawing. At this point, it's better to shift your attention to DASH or LTC and see if these coins show signs of a rebound, so you can proactively position in those assets whose momentum has just begun.
Keeping a close eye on the price levels is crucial. Especially around integer thresholds like 30.00, be alert for large sell orders appearing. But don't rush to sell off everything, because you'll often see those sell orders being frequently withdrawn and reposted—this is usually the main force managing expectations, trying to lure retail investors to jump in early.
Regarding practical operations, network stability is often underestimated. For coins like RIVER, it's recommended to use only limit orders( for trading, and avoid manual operations, because network lag can cause you to miss the best entry or exit points.
Honestly, aiming for a 20% daily profit is quite realistic. It's not impossible; the key is to know when to take profits and not always chase the last bit. Volatility is both an opportunity and a trap. Managing your mindset and position size well is the secret to surviving long-term.