If you are optimistic about a coin, you can choose to short it - He Yi
The market has become chaotic; besides going long, the only remaining trading path for all altcoins #BTC is to go short. This was early understood by @xiaomucrypto Teacher Chuanmu, and he has reaped the benefits; it's not too late to awaken.
Here’s the thought process:
1. $BAKE Yesterday afternoon, Binance released the 'Move to Observation Zone' label. The observation label is different from delisting; delisting is a countdown to death, while the observation label may not necessarily be bearish under current circumstances. After reviewing the market, I made the choice a few minutes later #bake .
Currently up 150%.
2. $fis Last year, both I and CEO Kai bought $200,000; anyway, I was directly 🈹, another insider scythe 😂.
At 2 AM on the 7th, the gainers list changed.
$FIS was already in the observation zone, up 3%, entering the top 5 gainers.
At that time, I was ready to buy #ALPHA for #boop 2 million dollars.
After some hesitation, I bought #boop .
After buying, I was still hesitating whether to buy more; my friend called out for chicken, and I got delayed.
On the 8th, I opened my eyes, $FIS doubled; $boop -5%.
Today it hit the daily high, making a profit shorting.
3. Not all altcoins can be shorted; the targets for shorting must be carefully selected, and the impact of news is greater than market trends.
Choosing the right coin and developing a good strategy is crucial.