Recently,
there's a coin that's very hot,
and I've always been hesitant to touch it.
It's COAI. $COAI
Actually, at 0.4,
a streamer I follow on a square shouted a buy,
I took a look but didn't dare to chase the high.
I thought to myself, I would wait for him to go up and look for a chance to short.
So, when the first position appeared,
(as shown in the picture below 1)
But it didn't drop, so I didn't short.
The second time, at 1.5, I waited for him to drop before shorting,
but he just consolidated and didn't drop,
and I knew I couldn't short anymore.
Then he went up again, I thought, is this coin that strong?
I felt something was off, and at that moment, I clicked to check the information and saw this coin's
introduction. "AI"
At this point, I slapped my thigh red.
Damn it, why didn't I check the introduction of this trending coin at the first
moment? It's not an exaggeration to say that I certainly gave myself a slap
(Why not two? Because it was too frustrating and too forceful, the first one hurt.)
But I still didn't dare to chase the high. I just watched him go from 0.4 to 3.7!
After reaching 3.7, it shouldn't be time to short,
the K-line did drop a little.
But I didn't dare because this is a trend.
The story of this coin is told too well,
the play is very substantial, just casually connect a few of their open AI tools,
put on a shell, and then make a website.
Next is the key point:
Some people shout long because they made a profit.
Some give you confidence, don't give up on shorting. The reasons and evidence are plentiful.
What I want to say is: this coin, if your psychological endurance is limited, and the economy is tight, don't touch it.
Know when to stop.
There was once a leading trader who just blew up a few days ago,
this National Day has been silent for a few days (**big boss)
not having followers, now coming back to hype this hot coin.
Giving confidence to shorters, letting you hold on.
But he was wrong.
The crypto circle is never about whether this company has actually done anything,
coins are not stocks, making a good product doesn’t mean the stock price will rise.
It's not like that. If you don't understand this logic,
don't lead trades anymore, you’ll harm others. I even doubt he hedges, opening AB
trades.
Does BTC have practical use? But does it affect the market cap first?
ETH SOL SONIC actually have practical use.
How about that?
The crypto circle is still a closed circle as of now.
It's all about the heat.
$币安人生 $4 Why?
Isn't it all about the heat?