For those coins with relatively low market value, it is best not to chase high prices (not that you cannot buy them)
Because you don’t know whether it is money or a guillotine waiting for you
The smaller the market value, the easier it is to manipulate the market, and it is often prone to sudden rises and falls
For example, today’s $MDT
The Hong Kong + AI sector token with a market value of less than 100 million
First, it pulled up against the market at 4 o’clock when the news was turbulent, attracting countless people to get on board
Three consecutive hours of big positive lines pulled up 20%
Then it performed a flash crash, and it has been falling by 30% until now
Of course, it is just an example. The manipulation of many small coins is fierce. I will explain it in detail another day🔍
The best posture for small coins is to study the logic of the project, then ambush at the bottom, bet on high odds, and invest little
My favorite velodrome is such a situation
A token with quite good project fundamentals, an ecological dragon on the op chain Head, long-term undervalued
There have been 7 consecutive big positive lines in the past few days, and my price has risen 5 or 6 times so far
The second type is to ambush in all the cottages flying around in the middle and late stages of the bull market. Binance has been sideways for a long time last week, and the market value is relatively low. Remember the middle and late stages, because at the craziest time, the dealer will come out to seize the opportunity to make trouble, otherwise there will be a chance to harvest in the next round. Here, the investment is also dispersed, and you may seize the short-term explosion of the coin. Similarly, the higher the pull in the later stage, the bigger the sickle you face
So it is not a value coin, a cottage, or a meme. You must divide it into high and low. If you want to play long-term, you can't get it for three days. If you play a small cottage, you can't compete with the dealer, and there is no news. A good player who chases high, playing meme is all-in, and if you are lucky, you will be invincible if you encounter a profitable one
Every time you are gambling, although you are gambling, the probability of winning can also be increased, right😏