The current market for major coins is too difficult to play, with wicks going up and down and all the liquidity being wiped out. In this kind of market, it feels easier to trade altcoins with independent trends; at least you won’t get shaken out so badly. If you do want to trade major coins, I’d suggest using only low leverage, like 10x. Otherwise, it’s the worst feeling when you get stopped out in the right direction and the price comes back up afterward.
View Original
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.
The current market for major coins is too difficult to play, with wicks going up and down and all the liquidity being wiped out. In this kind of market, it feels easier to trade altcoins with independent trends; at least you won’t get shaken out so badly. If you do want to trade major coins, I’d suggest using only low leverage, like 10x. Otherwise, it’s the worst feeling when you get stopped out in the right direction and the price comes back up afterward.