A treasurer asked me whether he could buy a large position in altcoins, and I think it is necessary to write an article to discuss this issue.

At any time, it is not recommended to gamble with all positions. When your desire to go all in is the strongest, it is often when the bulls are about to fail. If this kind of currency that has already exploded is trapped, it is difficult to recover the investment. Therefore, we must take the initiative to control the greed in our human nature.

At present, retail investors are in high spirits in chasing the rise, and there are some opportunities for aggressive orders in some areas. However, from the daily line, most currencies have shown signs of peaking, and are not suitable for large-scale chasing. For aggressive orders with small-level opportunities for rising, stop losses must be strictly used. If the market pulls back, mainstream currencies should be given priority.