If you missed the opportunity to get on board yesterday, don't chase the highs now. I just took my profits, and now everyone can accumulate a little KSM at lower prices. KSM is the leading project in the Polkadot ecosystem, and the Polkadot 2.0 upgrade next month will cause a surge!
To make big money in the crypto world, remember the following two phrases:
1️⃣ Buy when no one cares, sell when there’s a lot of noise!
2️⃣ Risks come from rising, opportunities come from falling!
Only during consolidation and fluctuation periods do we have the chance to pick up cheap chips! When the price of coins is rising crazily, we should not think about chasing the highs, but learn to withdraw courageously and take profits!
Let's analyze KSM together:
Reasons to buy KSM are as follows:
1. KSM is the test network of the Polkadot ecosystem, and all projects in the Polkadot ecosystem must be tested on this network before officially launching. The Polkadot 2.0 upgrade next month will greatly increase KSM's speculative heat, which is very favorable!
2. KSM has fallen from over $600 during the last bull market to around $36 now, which offers nearly 20 times the potential. It has been consolidating for 4 years and has basically formed a bottom, allowing for accumulation in batches around 35, 33, and 30.
3. KSM's total supply is scarce, with a circulating total of 15.9 million coins, 100% fully circulating, so there’s no need to worry about market pressure from future unlocks. It is listed on 34 exchanges, with very few coins allocated to each exchange, and many people have transferred their coins to wallets, making future price increases easy!
For those who haven’t made a move yet, you can start by buying 20% of your position after confirming a pullback, and then add more on further dips.
The above analysis is for reference only and should not be considered investment advice!