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When liquidity is poor, any buying operation must be cautious


Because the coins you want to buy need to consider who will take over the position later?

Altcoins that rise due to positive news are the best opportunities for short selling
But this kind of operation is too difficult, observe more and act less, or trade with small positions
Because you also need to judge what kind of news, how the market reacts to it
Relying solely on long-term news and sentiment to build market intuition is very hard to control

In the past, a wave of positive news could lead to a 30% increase
In the future, a normal positive news event might only bring a 10% rise, which is already quite good
Of course, it also depends on the coin’s market cap and the strength of the positive news

So, hold back and prioritize protecting your principal
When the market drops to certain extreme stages, you can consider participating in large-cap coins and popular coins with sufficient liquidity

For example, when Bitcoin drops to $91,000-$94,000
It’s worth considering entering to catch a small rebound wave~
At other times, patiently wait for the right entry zone!
#BTC
BTC-6.96%
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