Altcoins can be traded, but one must grasp the rhythm well; position, timing, and allocation are all crucial, and the difficulty is not small.
For ordinary traders, the key value of altcoins is simple: take advantage of a strong one-sided market to make a profit, and then exchange for more Bitcoin. Therefore, trading strategies must closely focus on this objective.
The entry position is extremely important; one should choose points with an enticing risk-reward ratio over a longer time span.
The time dimension is a bit more troublesome; don’t expect to find the perfect entry point all at once. The safest method is to enter in batches, gradually increasing the position to offset the uncertainties brought by time changes and market fluctuations.
Position management cannot be overlooked either. Large capital should be directed towards sector leaders, while a small portion of funds can be used to take risks on obscure "lottery coins." #BTC挖矿难度创新高 #币安LaunchpoolBIO预测