Some friends asked if they can buy a large position to chase high altcoins.
Hereby:
It is not recommended to bet all at any time.
Usually, when the impulse of all-in is the strongest, it often indicates that the bulls will fail. Once this type of altcoin that has exploded is trapped, it is difficult to recover the investment. It is particularly important to control the greed in human nature.
In the early days of my entry into the circle, I lost money because of chasing high altcoins that were once popular. I did not set a stop loss and eventually delisted. This experience taught me a lot.
At present, retail investors are in a high mood to chase high prices. There are some opportunities for aggressive orders in some areas, but the daily charts of most currencies have shown a peak signal, which is not suitable for large-scale chasing high prices. Small-scale aggressive orders need to be accompanied by stop loss operations. If there is a callback, give priority to mainstream coins.