Many people, seeing altcoins surge several or even hundreds of times in a single day, can't help but want to short them, only to end up with a margin call or even a complete loss. Brothers, remember this: Don't short these explosively rising coins just because they're rising!
Some can actually increase by dozens or even hundreds of times, and you never know where their ceiling will be.
Why not short?
• High risk, minimal profit
• The main players are trying to pull you back into the game until you question your life
What you thought was air is actually a banker's ATM
• Investors always lose because they "can't stand it," not because they "don't understand it"
What to do if you're really itching to buy? Long only!
• Limit your position to 1% of your total capital
Just think of it as buying a lottery ticket: win once, win big, lose nothing
You can follow the upward trend, and you won't be hurt by a sudden surge
• Never go all-in, and definitely don't go all-in shorting!
Remember:
Control your position and don't get carried away!
Shorting these explosively rising coins carries high risk and low profit!
Some prices rise so high that you think they're over, only to see them continue to soar, leaving you afraid to even look at the candlestick chart.
#CryptoMarketWatch #MEME
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