Three characteristics of strong coins:
1. Long wash time: The dealer often spends at least two months or even longer to wash the market. This means that if you discover it early, you may not be able to hold your position due to the lengthy and exhausting washing process. During the washing period, the price may consolidate sideways or slowly decline, testing the patience and determination of investors.
2. Long launch time: It may take at least a month from washing to official launch. The dealer may suddenly buy a large amount and then quickly sell, forming a series of hanging man candles, followed by a potential drop for four or five days, and then a sudden rise. This process may repeat four or five times, with the goal of gradually raising the bottom price while wearing down the patience of some long-term holders.
3. Long price pumping time: The dealer usually spends at least two and a half months raising the price. During the rise, there will also be a pullback wash to eliminate the last remaining holders. The dealer may quickly raise the price in one day, with an increase of 300% or more, aiming to rapidly raise the bottom price and prevent retail investors from acquiring low-priced chips. If too many retail investors notice the rise on the first day, the dealer may simultaneously conduct a wash during the rise, enticing retail investors to chase high prices and then crash the market.
In the next layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with great potential, with an expected space of over 10 times being no problem. If you want to make big money in a bull market, like and comment, and I will take you to layout the entire bull market!