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Many people ask me where to bottom fish for scam coins?
Honestly, I don't really know either, but I have a method for everyone to consider.
Just refer to the area near the needle of the 1011 Black Swan.
A 10% upward fluctuation can be considered as an attempt to bottom fish and rebound.
For example, a few typical scam coins: $DOGE around 0.095, $ADA around 0.27, LINK around 7.9.
These points fluctuating by about 10% up or down are acceptable, because the 1011 Black Swan can't place orders to support the market.
These needle points might reflect the true value of these scam coins.
So, fluctuating around these key points by about 10% is reasonable.
Of course, many will ask, some scam coins have already fallen far below the 1011 price, where is the bottom?
You shouldn't be trying to bottom fish such scam coins.
If you try to buy the bottom, they might be trying to buy your house.