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How can small funds quickly turn around? Investing in Bitcoin or Ethereum won't work, the only way out is to invest in altcoins. So, how do we invest in altcoins? Friends who have lost money 💰 and faced liquidation, quickly take a look at the seven rules.
First, look at the time of the altcoin's low-volume consolidation; the longer the time, the better.
Second, observe how many days the dealer will continue to push the price in this round, which is likely to last for 5 to 10 days.
Third, look at the coin price. What is the price during the pump, and what is the target price for the market maker? Generally, it may need to be pumped between 5 to 10 times.
Fourth, find the right timing and point to place orders. When the coin price has increased multiple times, the mad line forms a death cross, referring to the 5-15 minute chart, and suddenly spikes upwards, you can short.
Fifth, observe the funding rate. Be cautious when shorting if the funding rate is negative.
Six is to ensure the safety of the order. Generally, do not invest more than 30% of the total capital, and the closing price should be set above 50% of the opening price.
Seven is to take profits in a timely manner. 0.8GT subscription.