1. Share something useful with everyone. I have practiced it myself, but I cannot guarantee its effectiveness.
Recently, I went to trade in matcha and other small coins from March to July. Only 11% had a price increase of 100% at the opening, 18% increased over 60%, and the profit-taking was 66%. With no technical skills and just a simple short-selling strategy, the expected return on a single coin was 25%.
This is about making money by leveraging the information advantage that small coins will inevitably distribute, leading to value regression after being in the crypto circle for a long time. Later, I added my valuation system, avoiding several coins that went bankrupt. This month, only one went bankrupt, which was an altcoin. After this coin crashed, it directly fell 97% the next day. It was just ridiculous.
Some coins cannot be shorted, such as useless coins. I won't elaborate on other indicators, but just one: if the trading volume of the contract is too high, the manipulators will frequently trigger bankruptcies and eat up the funding rates, using the funds obtained from this coin to push up the spot market, which is cost-free for the manipulators, allowing them to keep pushing up the spot market.
Because it is a worthless coin, it will attract many players to short and eat up the funding rates, and then they will continue to push the price higher to liquidate them. Once no one is left to short, they will crash the market themselves. Since the price has risen so high, it is impossible for you to buy. If you do buy, they will distribute the chips to you, and they can just withdraw.
So my conclusion is that for coins with particularly large contract trading volumes, it is best not to short them. I think small coins with daily volume of a few million dollars are already high. Those with only 10-50 USD in order book trading volume, from what I've seen, most of them can be shorted.
Shorting small coins is like collecting airdrops; the money earned is not much. No one can make tens of thousands or thousands of dollars like KOLs do. However, the money I earn is expected positive returns. The USDT I earn now will be used for crypto-based financial management, and I will continue to invest regularly until 2027.
People now have a misconception. After seeing so much online, it feels like 50 USD or 100 USD is very little. If you go out to work, earning 50 USD a day is also quite difficult. It’s so hot these days, it’s hard work, so I am very willing to earn this money.
2. ETH has led the market rhythm, rising to 4600 USD today. This is the rhythm the market should have. BTC's market share has reached 58.27%. When it reaches 32%-40%, that will be the peak of the bull market, and we should fight and retreat.
The altcoin season index has reached 42, still 33 away from the 75 bubble period. The Google Bitcoin search index was 67 last November, and the search index in 2021 reached 100. Now the Bitcoin search index is only 32, not yet there. Once it goes over 50, we must be cautious, at least we cannot just rush in and buy with our eyes closed.
$BTC $ETH
