One big piece of advice if you want to do business in altcoins.


Focus only on coins with real liquidity and constructive price action.
Ignore the random shitcoins — even if they do a 10x. If the price action isn't clean, it's not your trade. The majority of these coins are heavily manipulated by the projects themselves in collaboration with exchanges. You can literally see it in the order books if you look.
These are the same coins that print -90% candles in a single day. You go to bed thinking you're in profit and wake up rekt.
Stick to liquidity. Stick to structure. Stick to quality.
There are many coins right now with strong fundamentals that are offering good trading setups. Focus on them
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned