#Ntrn $NTRN
An An doubles project...
Breaking 1.2 is just around the corner!!!
When the market is in chaos, changing positions is a big taboo!
However, when a coin has surged 200% in the short term, you can still consider changing positions. For example, after Sui breaks 3.2 USD, it has been oscillating for almost a month. If it retraces from 3.7 to below 3.5 and you change positions to two different coins, the risk-reward ratio will definitely be higher. The reason for changing to two different coins is that not every coin has the same liquidity as Sui, and if you use Sui's position to buy other altcoins, you may be controlled by market makers for a while. Therefore, to avoid being controlled, the positions of large coins should be changed to coins of equivalent market value.
In a bull market, changing positions is a big taboo!
As mentioned earlier, in a bull market, all altcoins are pulling up together, and after one coin rises, the next one pulls up, the cryptocurrency market emphasizes rotation. Sector rotation is the best interpretation!
Ntrn is a core coin on the Atom network and also a Binance dual project, so it is a very safe coin.
Well-known coins in the Atom ecosystem include several that everyone has heard of (Om coin, Dym coin, TIA coin, Inj coin, Cro coin, Osmo coin, Kava coin...), the above are just a few general coins, in fact, there are many, many excellent coins from the Atom ecosystem. Of the seven coins listed above, veteran traders have probably heard of at least four. New traders may have only heard of TIA coin, because some coins only ride on the chain, for example, the project team migrates a liquidity pool from V2 to V4 to a certain chain, but they cannot issue more tokens randomly. This is something everyone should pay attention to, as some project teams may migrate across multiple chains, leading to a messy total supply and potential for issuance. This requires everyone to carefully discern.
Recently, there seems to be a wave of delistings, so please be cautious and do not gamble on ultra-low market cap coins. Not every coin will experience a surge like Ren coin did after its delisting announcement... Also, do not think about shorting it with low leverage; how can you know the day before a perpetual contract suddenly gets delisted? UNFI spiked to 8 USD early in the morning, and it hasn’t been long since that explosive day...
Those who followed Ntrn coin can continue to hold until 1.2 USD to observe the long-short ratio before deciding whether to take profits. Brothers who followed Ftm have already profited at 1 USD...
