Let me summarize the current situation for you
In the past two days, we can clearly see that some altcoins have revolted and wanted to do something big, but there are only one or two leaders!
It’s not that there is no capital in the market, there must be some, otherwise ygg would not have kept rising from 0.2 to 0.6, which shows that the market capital is still large!
However, there is a problem. The funds do not have continuity. Perhaps the market makers want to pull up the market, but the market funds flow in waves. No matter whether they have a large position or a small position, they basically leave after taking a gain. Those who move slowly may be stuck at the top of the mountain or hit a stop loss!
There are many hot coins and many news coins. You need to be quick and have a cool posture. When you see good news or news sources, just do it. Get 5 or 10 points and leave. Don’t think about the pattern of the current copycat coins. Although they have fallen ten or dozens of times, they are like people with kidney deficiency and have no stamina. So leave when you get the gain, don’t fight!
Many currencies emerge every day, and the market's funds, sectors, and concepts rotate very quickly, so the first thing to do is to keep up with the pace.
Second, control your position
Third, strictly set profit and loss limits!
For the current currencies, simply looking at the technical aspects is basically useless. We are more concerned with superficial things, such as tweets, good news, shouting orders, etc. We are hot money ourselves, and we will attack wherever there is a sign.
If there are good currencies, I will share the news source to the group as soon as possible!
Thank you for reading