$BEAT's concentration is too high, and the short-selling risk is very large. The cost to pump is extremely low, and the on-chain data looks bad. For example, if you hold 90% of the chips and pump 1 million, 900,000 will return to your hands, and the market value is the same. Most of the on-chain transactions are also done by bot accounts, with no real users holding them. The ecological projects also have no prospects. When the big players sell their chips, it will only drop all the way. Once the chips are sold, they will not want to pump because pumping increases costs. For such coins, it is best to short when the chips are sold. As for going long, retail investors hold too many chips in these altcoins, and the big players will not pump. If retail investors hold few chips, pumping won't yield much profit for them. Going long can only wait until the price drops to a point where the big players have sold most of their chips, and there is not much fluctuation in price. Slowly accumulate chips and stealthily hoard some with the big players. However, many projects in the crypto space are short-lived, so I really don't like going long on altcoins. The purpose of issuing any such tokens is simply to sell the coins for a higher price. Even if the ecosystem is extensive, it has nothing to do with the tokens. Tokens are not shares; they are just a symbol. However, Bitcoin and Ethereum are different. Long-term investment in Bitcoin and Ethereum is better, while learning to short altcoins during other times can ensure your long-term survival in the crypto space.

BEATUSDT

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2.0732

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