A little reminder for the brothers:

Mid to late bull market reminder: Understand these to avoid liquidation

In the mid to late bull market, especially during the altcoin season, once it starts, the market fluctuates greatly, and newcomers should be cautious about the following points:

Never short with a long-term perspective

Bull market characteristic: The explosive potential of altcoins often exceeds imagination, with price increases by multiples or even dozens of times, making the risk of shorting extremely high. The worst-case scenario: blindly shorting, thinking "it has risen so much it should fall," but being crushed by the market due to not setting stop losses until liquidation.

Be cautious with short-term shorts

Extreme certainty opportunities: Only when the market shows obvious top signals, and there is a clear stop-loss strategy, can one attempt short-term shorts.

Don't touch what you don't understand: If you don't know how to judge opportunities or set stop losses, it's advisable to stay away from contracts; protecting your capital is the top priority. Now is the time to position yourself, as the altcoin season is about to begin: In every bull market, the explosive window for altcoins is very short. Missing the current low position may result in missing the entire market.

Strategy advice: Focus on popular sectors, diversify your investments in potential coins (such as DeFi, Layer 2, Metaverse, etc.), and avoid heavily investing in a single asset.

In the mid to late bull market, temptations and traps coexist; staying calm and operating rationally is the key to making profits!