$BTC
Dear friends who play virtual currencies, the recent surge in Bitcoin is a good thing, as it allows you to have higher entry points for short positions, but it may also quietly open Pandora's box.
Because often where there is a winner, there must be a loser; the winners cheer and celebrate, while the losers weep and lament. We, the retail investors, generally weep and lament, but so what? With my supreme teachings, we will sweep everything away:
First, when trading virtual currencies, we should focus on mainstream coins and not those retail coins. Secondly, when opening contracts, we can open 25% of our total capital, with a maximum of 25% for orders, leverage set at 5 times, with a maximum of 5 and a minimum of 1. Lastly, try to avoid opening Dogecoin $DOGE , as the volatility for my position is still too scary, and it could lead to liquidation.
Another point is that during this surge in altcoins, many celebrities on Binance are not voicing their opinions, which is a good sign that this surge in Bitcoin might not create a large circle; the maximum could be around 100,000.
Wishing all of you success in opening short positions at what you consider suitable entry points, and achieving victory.