A fan asked me, how to quickly flip a position?
The answer is to plan your capital allocation well, trading altcoins in spot + mainstream in contracts.
Many altcoins have dropped 10 times or even dozens of times since their launch, and have already dropped to a point where they can't drop anymore. When the big coins like Bitcoin and Ethereum plummet in the middle of the month, those strong coins that don't drop much can be used as ambush targets. As long as the market stabilizes slightly, these small coins can shoot up dramatically in minutes!!
Why not say to buy mainstream spot coins? Take BTC for example, it previously dropped to 75000. If you have 200000 in capital to buy spot, and it rises to 150000, you only double your investment. Can it reach 150000? I believe that in a bull market, BTC will definitely reach 150000. But when will it get there? During the long period of consolidation and accumulation, can you hold on? Time is the biggest cost.
Altcoins have small market caps, choose the right targets, and you can double your investment. If it’s slow, it takes a month; if it's fast, it can be 1-2 days. Some can increase by 10-20 times in 2-3 days. Recently, the spot trades arranged by the team have all made a huge profit!!
Mainstream coins like Bitcoin and Ethereum have large market caps, strong consensus, and it's not easy for whales to manipulate unless there's news. Most of the time, the volatility is small and more stable, making it easier to find support and resistance, which is better suited for swing trading contracts. Let’s encourage each other with Old Zhao's words 💪💪😀, don’t chase high prices and sell low. If the direction is right but you can’t hold onto your floating losses, and if the direction is wrong, don’t stop loss and hold onto a losing position until it explodes.