Previously, I chose to invest in relatively unknown altcoins for the long term, but the breakout of these altcoins has been too few. Today, I've decided to change my strategy and select some lesser-known altcoins to short with small positions at high levels. The short positions are mainly due to cost issues, so when negative costs arise, it’s best not to hold them for too long. If there are profits, it's advisable to take action quickly, as the profits from declines are limited and the risk-reward ratio is not favorable.
The fact that these lesser-known altcoins are experiencing negative costs represents a signal in itself: there are fewer entrants, and the market makers have no incentive to push the price up. $POLYX $YGG , I have currently shorted these two altcoins to test the waters and am preparing to see if efficiency and the risk-reward ratio improve.
The fact that these lesser-known altcoins are experiencing negative costs represents a signal in itself: there are fewer entrants, and the market makers have no incentive to push the price up. $POLYX $YGG , I have currently shorted these two altcoins to test the waters and am preparing to see if efficiency and the risk-reward ratio improve.