#1000Sats跌再多也不宜抄底

Recently, some coins have suddenly plummeted, such as Lina which was announced to be delisted earlier; holders saw the news and suffered significant losses. A few days ago, Auction also suddenly crashed; most recently, it is the Sats coin.

My opinion is that even if such coins drop a lot, don’t try to catch the bottom.

Sats is currently consolidating, and of course, it is not advisable to short; one should wait for a rebound before opening a short position.

For more than a month, I have mainly been shorting and have given up on bottom fishing in spot markets. After all, the overall market environment is not good. There are three types of shorting strategies:

1) Shorting new coins upon launch, generally speaking, there are more profitable trades than losses;

2) Shorting re-listed coins, most are profitable, with a few losses, such as the loss from the form after the bnX swap;

3) Coins with significant upward movements, recently Rare, Cake, and Banana have all been relatively smooth trades; of course, there are also coins like Ip that oscillate at high levels without much drop (but the Ip coin can't stay flat forever, it should break down eventually).

In summary, currently, the best strategy is to short. If you hold coins waiting for a rise, you never know when they might crash.