The previous short-term calls on the altcoins' bottom-fishing were indeed very accurate. I clearly stated at the time to hold long-term for double the spot price. Due to the importance of exams and studies, I didn't get into the current positions and closed out the trades early. As long as it's not trashy altcoins, projects with some strength have almost all rebounded at least 10%.
The previewed Zec and BCH also dropped about 10% from their highs. It's a pity that, although I made the forecast, I temporarily paused updates and didn't successfully lead people into the market. But don't worry, as long as I am still in the market, funds are still there, there will always be opportunities to make money.
On New Year's Day, I mainly discussed a key issue which is that the market has risen about 10%, and some altcoins like Pepe have even risen around 30%. Suddenly, people are calling for altcoin season, and recently the trend has indeed eased a bit, with bullish calls starting again. I oppose this. Especially now, with Ethereum above 3000, it's best not to enter too much.
Therefore, I still hold a short position at 3168 on Ethereum with 10% of my capital. Around 2700, I also hold a long position with 10% of my capital. This approach has been repeatedly emphasized throughout last month: as long as the market gives opportunities, just go in directly.
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New Year's holiday, reviewing the market
The previous short-term calls on the altcoins' bottom-fishing were indeed very accurate. I clearly stated at the time to hold long-term for double the spot price. Due to the importance of exams and studies, I didn't get into the current positions and closed out the trades early. As long as it's not trashy altcoins, projects with some strength have almost all rebounded at least 10%.
The previewed Zec and BCH also dropped about 10% from their highs. It's a pity that, although I made the forecast, I temporarily paused updates and didn't successfully lead people into the market. But don't worry, as long as I am still in the market, funds are still there, there will always be opportunities to make money.
On New Year's Day, I mainly discussed a key issue
which is that the market has risen about 10%, and some altcoins like Pepe have even risen around 30%. Suddenly, people are calling for altcoin season, and recently the trend has indeed eased a bit, with bullish calls starting again. I oppose this. Especially now, with Ethereum above 3000, it's best not to enter too much.
Therefore,
I still hold a short position at 3168 on Ethereum with 10% of my capital.
Around 2700, I also hold a long position with 10% of my capital.
This approach has been repeatedly emphasized throughout last month: as long as the market gives opportunities, just go in directly.