Mid-Bull Market Reminder: Understand These Points to Avoid Liquidation
In the later stages of a bull market, especially during altcoin season, once it begins, the market can be extremely volatile. Beginners should be cautious of the following points:
Never short-sell for the long term
Bull Market Characteristics: The explosive potential of altcoins often exceeds expectations, with increases of several times or even dozens of times. The risk of short-selling is extremely high. The worst-case scenario: blindly short-selling, believing that 'since it has risen so much, it should fall,' but being crushed by the market due to not setting stop-losses, leading to liquidation.
Exercise caution with short-term short positions
Extreme Certainty Opportunities: Only when there are clear top signals in the market and a clear stop-loss strategy in place should one consider short-term short positions.
If you don't understand, don't engage: If you don't know how to judge opportunities or set stop-losses, it's advisable to stay away from contracts; protecting your principal is the top priority. Now is the time to position yourself, as altcoin season is about to begin: In every round of the bull market, the window for altcoin explosions is very short. Missing the chance to position at the current low could mean missing out on the entire market movement.
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