Shared on November 15th

$BTC has been hovering at a high level. Long-term investors are waiting for opportunities to build positions. Short-term investors can choose the most popular currencies recently. When doing short-term trading, you must be careful and not blindly chase positions at high points, which can easily lead to being trapped. For example, if you chase positions at high levels of several recent MEME currencies, you have basically lost 10%-20%. The most frightening thing is that many people chase positions at high levels, and most of your principal will be lost after several times.

When BTC keeps rising, it is the most difficult time to make stable profits. Now only BTC and several MEME currencies are rising, and other VCs, mining coins, etc. have not moved. Most of the market funds are in BTC, and a small part of them are used to pull up MEME currencies with low market value. At this time, everyone must pay attention to risks. After all, only a few people and people with good luck can make big money on MEME currencies. Most of the heavy positions cannot be held. If the position is heavy, you will be scared by a pin and you will cut your losses and exit, so many people lose money in the bull market.

Under the current market conditions, first: wait; second: do short-term trading in currencies that you are familiar with, build positions on dips and do T to increase the number of currencies held in the long term; third: control short-term positions within 10%-30% of the principal.