Recently, traders have been asking me about the BMT coin, which is currently at the top of the rise list, with a daily increase of 25%. Is it worth buying?
In fact, my personal spot investment strategy usually focuses on Ethereum and AI-related sectors. I take a cautious approach towards small-cap cryptocurrencies like BMT, mainly because: they lack liquidity, have significant price volatility, and do not belong to the mainstream popular coins in the market, so I generally do not position myself in such assets in advance.
It is worth noting that the recent price rise of BMT has no substantial positive news to support it, and it is likely that the project party intends to drive up the price for cashing out. Therefore, purchasing this coin at the current price level carries significant risk, and holding it is not recommended. The characteristics of this type of market often involve selecting a coin that most investors do not hold, creating price fluctuations to attract attention.
For investors who do not hold spot yet, it is recommended to observe this weekend and wait for a more suitable price range before considering entry. The market is influenced by various factors, so cautious decision-making is more important.
Changes in geopolitical and trade policies are also important factors to pay attention to recently, as they may trigger a chain reaction in the overall crypto market.
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Recently, traders have been asking me about the BMT coin, which is currently at the top of the rise list, with a daily increase of 25%. Is it worth buying?
In fact, my personal spot investment strategy usually focuses on Ethereum and AI-related sectors. I take a cautious approach towards small-cap cryptocurrencies like BMT, mainly because: they lack liquidity, have significant price volatility, and do not belong to the mainstream popular coins in the market, so I generally do not position myself in such assets in advance.
It is worth noting that the recent price rise of BMT has no substantial positive news to support it, and it is likely that the project party intends to drive up the price for cashing out. Therefore, purchasing this coin at the current price level carries significant risk, and holding it is not recommended. The characteristics of this type of market often involve selecting a coin that most investors do not hold, creating price fluctuations to attract attention.
For investors who do not hold spot yet, it is recommended to observe this weekend and wait for a more suitable price range before considering entry. The market is influenced by various factors, so cautious decision-making is more important.
Changes in geopolitical and trade policies are also important factors to pay attention to recently, as they may trigger a chain reaction in the overall crypto market.