Let’s talk about Bigtime’s surge
Bigtime has quintupled in three days and is now around $0.27. Normally, if you want to get on the market for such a hot market currency, it will be awkward to get on the market now. If you go long after it explodes, you are likely to be shorted, not to mention that the monster currency can stretch several times a day. It’s possible that short selling can suddenly become fuel.
If you want to participate in this currency, I suggest you go long with a light position and double your profits.
Short selling is not recommended because it’s impossible to guess the top due to the FOMO mood.
If you really want to go short, wait until the popularity of Big Time subsides before doing it. Generally, the popularity of such hot coins only lasts about a week.
One more thing, because of the other currencies in the game sector brought about by bigtime, it is not recommended to go long because once bigtime shuts down, those coins will still fall back to their original positions.