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Regarding some newly listed coins, extra caution is indeed necessary. Taking $PIPPIN as an example, it is not the best entry point for beginners. There are many such cases in the market—some coins reach all-time highs right from the moment they are listed, with a significant risk of subsequent declines, just like the performance of certain well-known coins.
In trading strategies, obsessing over long and short positions is often futile. Instead of frequently switching directions, it’s better to thoroughly research the fundamentals of coins that are worth going long on. Observing which coins capable traders are operating in can provide valuable reference information. But one point must be emphasized: do not blindly open short positions on coins that others are going long on. You can take a short position at a high point, but only if you have solid fundamental reasons and risk awareness.
Cryptocurrency trading always tests one’s mindset and discipline. The most common mistake for beginners is being led by short-term fluctuations.