GateUser-1951df57

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With altcoins, only go long, never short. At most use 1x leverage when going long; shorting can ruin the rest of your life. Shorting may be easy money that you can make every day, but encountering a moonshot coin basically wipes you out...
Take HEI as an example: if you buy $1,000 worth at 0.1 and it goes to zero, you lose $1,000. If you go long with $1,000 at 0.1 and it reaches 0.5, you make $5,000. Long-side profits are unlimited, while short-side profits are limited.
When altcoin hype arrives, a few moonshot coins will always appear. In the crypto world, it is not actually impossible for an
HEI56.11%
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GateUser-7d339746:
You think you’re clever? Altcoins can liquidate retail traders in seconds, and even whales can directly cut you in half.
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Dragon Boat Racing Challenge: Invite friends to board, contract to paddle, GT rewards keep drawing https://www.gate.com/campaigns/5180?ch=3991&ref_type=132&utm_cmp=ZOmp65FV
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