Powerful Tips for Dealing with ATH Currency:
1. Check the Legitimacy of the Currency:
Does it have a reliable official website?
Is the team verified?
Does it have a clear roadmap and an active community?
2. Monitor Liquidity and Trading Volume:
Low liquidity currencies may be subject to price manipulation. Only invest after ensuring there is adequate trading volume on trustworthy platforms.
3. Analyze ATH as the Highest Price:
If the currency is currently much lower than its ATH (highest price), ask yourself:
Is there a real reason for its decline?
Is the market in a general downtrend?
Does the project have a chance to return to that price?
4. Rely on Technical and Fundamental Analysis:
Don't just buy based on hype or tweets. Use technical indicators like RSI and MACD, and review news related to the project.
5. Diversify Your Portfolio and Avoid Overexposure:
Do not put more than 5-10% of your portfolio in new or unknown currencies like ATH, even if they seem promising.
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Important Warning:
If you cannot find enough information about ATH currency, or if it is not listed on well-known platforms, it may be a high-risk currency (potentially a "scam" or "rug pull"). Never invest without thorough research.