11.23 Suggestions Regarding the ACT Token
Today, in response to fan requests, we did some research. According to our data analysis, whenever ACT encounters a slightly larger buying volume, there will immediately be selling pressure. It is a pure pump-and-dump project, as Bitcoin is currently at a high position, and everyone wants to take advantage of Bitcoin breaking its previous high to cash out. They would rather short than hold long or buy the dip.
Of course, shorting also requires risk control (1-3x leverage) with a position size of 10%-20%. Do not operate with heavy positions, and avoid high leverage. In a stable situation, one can hold short and watch for it to drop below the issuance price. As long as Bitcoin makes a slight correction, these altcoins will suffer greatly.