The potential of AKE’s “Hundredfold Coins” is demonstrated to the fullest. Just ask yourself: do you really not admire this kind of violent pump-and-dump technique? They all have a reason to lure players into shorting. As long as players firmly believe a sudden crash is just a matter of time—and that the market maker isn’t capable of pushing the price to how high it can go—then there will inevitably be wave after wave of whales coming in to short.
If that dog-market maker pumps this high, of course there will be a time for distribution (selling). Shorting is nothing more than betting on when that dog-market maker will distribute. When there are currently no reference support or resistance levels to rely on, the best way to short is to start with the head position using a small size, then set take-profit and stop-loss to play it out, and leave the rest to time to verify: if it’s time to exit, leave—don’t get greedy or fight the trade.
Personally, my target short entry is around 0.07. When it reaches this area: if there isn’t continuous surge in volume pushing the price up, then I’ll try to place a small-position short.
$AKE
If that dog-market maker pumps this high, of course there will be a time for distribution (selling). Shorting is nothing more than betting on when that dog-market maker will distribute. When there are currently no reference support or resistance levels to rely on, the best way to short is to start with the head position using a small size, then set take-profit and stop-loss to play it out, and leave the rest to time to verify: if it’s time to exit, leave—don’t get greedy or fight the trade.
Personally, my target short entry is around 0.07. When it reaches this area: if there isn’t continuous surge in volume pushing the price up, then I’ll try to place a small-position short.
$AKE
