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I'm a pig. The day before yesterday, I recommended it once in the live broadcast room at 0.36, just when it was experiencing volume. Today, at 1.6, it's so amazing. I didn't hold on and sold it too early again.
We have to consider a question with this kind of trend: can we short at this position in the short term? Is it possible? Does it feel familiar?
The ultimate fate of imitation coins is to go to zero. Before hitting zero, will you get liquidated? If we calculate the bottom at 0.2, then 10x is $2, 20x is $4, 30x is $6, 50x is $10, 100x is $20. The last hundredfold coin I calculated like this. Do you remember?
The main upward cycle of imitation coins usually lasts about 15 days. Today is only the fourth day, so don’t short it. Even if this coin rises to 20, I wouldn’t dare to short it. Life is more important.
Warriors, genius traders, be cautious when shorting. Don’t send yourself a yellow robe. What if it’s another hundredfold coin? How can you withstand $20? What are you holding to resist?
Note, I’m not investing in this coin. I choose to watch the show and see you take risks... #Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三