Reminders for the mid-to-late bull market: Understand these to avoid liquidation
In the mid-to-late bull market, especially the altcoin season, once it starts, the market will fluctuate greatly, and novices should be more vigilant about the following points:
Don't short long-term
Bull market characteristics: The explosive power of altcoins is often beyond imagination, with increases of multiples or even dozens of times, and the risk of shorting is extremely high. The worst case: Blindly shorting, thinking that "it should fall after rising so much", but being crushed by the market because of not taking stop loss, until the position is liquidated.
Short-term short orders need to be cautious
Extremely certain opportunities: Only when there is an obvious top signal in the market and there is a clear stop loss strategy, can short-term short orders be tried.
Don't touch if you don't understand: If you don't know how to judge opportunities or set stop losses, it is recommended to stay away from contracts, and protecting the principal is the first priority. Now is the time to layout, and the altcoin season is about to start: In each round of bull market, the window period for the outbreak of altcoins is very short. If you miss the current low-level layout, you may miss the entire market.
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