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ASTS is becoming more and more like a "space casino": retail investors have already started fantasizing about a cosmic bull market.
The most outrageous thing about ASTS recently isn't the price increase, but that its story has grown large enough to hold the entire galaxy.
Satellite internet, global communication, space coverage...
Every word seems to give the market a shot of adrenaline.
So now many players trading ASTS are no longer just investing.
They're more like participating in a "Interstellar Wealth Plan."
Discussing the future communication revolution during the day;
watching K-line charts at night to prevent liquidation.
And the biggest feature of ASTS is:
The stronger the sentiment, the more violent the volatility.
Once this kind of coin surges, it tends to spike continuously;
but once it pulls back, it can also drop to the ground instantly.
So the most dangerous thing now isn't bullish on ASTS, but:
using high leverage to go long on ASTS.
Because the type of people the whales love to harvest the most are:
"those who believe it will definitely happen in the future."
The theme can be very grand,
but the market always first collects the sentiment tax.
So the most reasonable strategy for ASTS right now is:
go with the trend, don't hold on stubbornly;
buy and sell quickly, don't expect to double your holdings overnight.
After all, the universe may be far away,
but liquidation messages are always close. #TradFiTradingSharingChallenge