You should not be following without some knowledge on how to use at least some of the momentum indicators. The mistake a lot of people make is that once they get to read things like this, they just assume all of a sudden that there is a huge possibility for them to make a lot of money easily from trading by just buying low and selling high, but at the same time, you really want to know what exactly is the low and when is the high to be able to make good decision and know when you are either getting in or out of the market and when you should indeed be stopping loss.

It is always necessary to know when a coin is undervalued or oversold as that requires some knowledge to be able to do so. It is one thing to want to do the long term style of trading and it is another thing to know exactly what you are doing and you really do not want to be buying a coin or token at the top, thinking you are buying at the bottom. However, it is good you have found your own strategy and it is working for you.