Bull market peak warning: Master these key points and stay away from the risk of liquidation
During the climax of the bull market, especially when the altcoins are surging, the market fluctuations are so violent. Novice friends should open their eyes and pay attention to the following points!
Don't think about long-term short selling to make a difference. The bull market has a characteristic: the upward momentum of altcoins is so fierce that doubling is a small matter. Sometimes you can't believe it. If you short sell at this time, the risk is huge.
For example: Some people see that the price of coins has risen so high, thinking "it should fall", but as soon as they short sell, they don't set a stop loss, and they are severely punished by the market and blow up directly. It's miserable!
Short-term short selling must be cautious. Under what circumstances can you short sell in the short term? That is when the market clearly shows a peak signal, and you must have a clear stop loss plan. Only then can you try to short sell and make a little money.
If you don't understand these, don't get involved blindly, so as not to lose both the wife and the army. Now is a good time to make a layout. I heard that the carnival season of altcoins is coming. Each round of bull market is only a few days, and altcoins can rise wildly.
If you miss the opportunity to buy at a low price now, you may have to watch others make money. I suggest that you pay more attention to those hot trends, such as DeFi, Layer 2, and Metaverse, and diversify your funds to invest in these potential currencies. Don't put all your eggs in one basket, the risk is too great.
In the middle and late stages of the bull market, there are a lot of temptations and traps. You have to be vigilant at all times and don't be carried away. Only by keeping calm, operating reasonably, and adding some experience and strategy, can you seize the big market in the carnival season of altcoins and make a lot of money!
Bull market strategy layout, spot ambush opportunities, contract entry points, open the fog of false information, and discover the real market. I am Brother Pao, welcome to join!
