Haha told you.. $LIGHT droped -77.3%...
LIGHTUSDT
Perp
0.3431
-19.91%
Post
History repeats itself again, $LIGHT has trading volume more than SOL and you can make good profit out of it, but the trick is at some point whales will get out of it and cause a rug pull effect (you can profit from that too!). $ICP is a good recent example of that.
here are some hints you might not know about
hedge mode (if you sill use one-way mode then you gotta chane it) so you can long and short at the same time..
long at good entry point
short at higher point
averaging down the short every time it gets higher (and close part of it when you have chance and to keep a balanced balance)
every time it gets higher you have modify the TP higher
always have a good balance in futures wallet so you don't risk getting liquidated
here are some hints you might not know about
hedge mode (if you sill use one-way mode then you gotta chane it) so you can long and short at the same time..
long at good entry point
short at higher point
averaging down the short every time it gets higher (and close part of it when you have chance and to keep a balanced balance)
every time it gets higher you have modify the TP higher
always have a good balance in futures wallet so you don't risk getting liquidated
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