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 experiences significant volatility. Beginners should be particularly cautious of the following points:
Never short with a long-term perspective
Bull Market Characteristic: The explosive power of altcoins often exceeds expectations, with price increases of several times or even dozens of times, and the risk of shorting is extremely high. Worst Case: Blindly shorting, thinking 'it has risen so much that it should fall', but without stop-losses, being crushed by the market until liquidation occurs.
Be Cautious with Short-Term Short Positions
Extremely Certain Opportunities: Only attempt short-term short positions when there are obvious top signals in the market and a clear stop-loss strategy in place.
If You Don't Understand, Don't Touch: If you don't know how to assess opportunities or set stop-losses, it's advisable to stay away from contracts; protecting your principal is the first priority. Now is the time to position yourself, as the altcoin season is about to start: In every bull market, the explosive window for altcoins is very short. Missing the opportunity to position at the current low could mean missing out on the entire market movement.
