To sum it up in one sentence: with knockoff coins, you can short as high as you possibly can—always short at high levels, and then top up your shorts at even higher levels. It’s best not to go long. When knockoff coins get smashed and crash, it can be terrifying. You’d rather not open any positions and just mess around with Ethereum and mainstream coins. If you open positions with knockoff coins, you absolutely must desperately keep shorting at high levels.

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