In the world of altcoins, especially with small coins valued under 500 million, there are often sudden price surges. If one can identify these altcoins that are about to surge and invest heavily while strictly managing stop-losses, turning 10,000 into 70,000 or 80,000 is not really difficult. But what is the method?
Retail investors who have a slight understanding of the craziness in the cryptocurrency market still tend to rush in blindly, after all, the potential for hundreds or thousands of times profit is very tempting.
One must act within their means when entering the cryptocurrency world. It's truly unwise to go all in on trading coins after making some money, or even to resort to unethical means to raise funds for trading. Many of those so-called 'goddesses and gods' who fly around traveling all the time actually rely on such dishonorable methods to raise money for trading, which is not a sustainable path.
Let's talk about YGG, which is a game token in the NFT ecosystem. The current price is $0.47, and I believe the target can reach $1.4, with a high probability of breaking through $1.7. Making a short-term profit shouldn't be a problem, as there’s several times the potential, but the long-term market remains uncertain, so one must proceed with caution.
One must constantly remind themselves that investing in cryptocurrency carries significant risks and requires a sense of respect. Don’t let the myth of overnight wealth cloud your judgment; rational investing is the key to surviving in this market for a long time.
Trading has its own methods; there is a successful path to doing anything. You don't need to have much talent; the key is to have independent thinking, observe more, ponder more, and gain more experience.
From a technical perspective, it’s more exciting now as Bitcoin fluctuates around $90,000, clearly indicating that the market makers are adjusting positions. It's crucial to keep an eye on the range of $100,000 to $105,000; it's like a powder keg. If it can break through last November's critical point of $109,000, it will directly trigger a bull market similar to a skyrocketing rocket.
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In a bull market, there's no waiting; learning and applying it on the spot is too late! Relying on your own exploration can easily lead to pitfalls, so it's better to follow the right people. Talent is not essential; the key is to follow the right mentor to avoid traps and seize the benefits of this market trend!