$ACT
Fan asks: Can I go all in?
I won't even mention the saying about not putting all your eggs in one basket.
I'll just say, not for now!
Although in terms of potential, I am bullish and expect it to double, but the shorts aren't as significant as before.
But I said to have the courage to take a small position,
Why is it necessary to have courage? Because you need to be able to hold on.
I've been following ACT for a long time, and I've mentioned it many times.
Currently, most of the tokens are in the hands of the market maker, who holds 70% of the tokens, which means that from the blockchain until now, the market maker has already made a lot of profit.
So even if it drops to the lowest point you see, the market maker is still making a lot of profit.
The reason for this gradual decline is that the market maker might be selling some of their holdings.
Recently, some people have said on a certain platform that the market maker lacks vision!
If the market maker is selling, why hold on to it?
Now, in a bull market, brother, ACT has only completed the first round of narrative; unless there's a black swan event with Bitcoin, the market maker will not sell on a large scale. There are further narratives to come.
The bull market is still ongoing, and this token still has room for growth.
The market maker might even release news to pump the price later.
Of course, when the market turns bearish, you must run quickly!!
You also can't hold a heavy position; the most fatal flaw is that the market maker is my Binance.