DEGO really got hit hard—according to Binance real-time data, in the last 24 hours it dropped directly by 36 percentage points. Current price is $0.028, with trading volume still around 350k USDT, which shows some people are cutting losses while others are looking for a bargain.
DATA, BURGER, and OOKI—these altcoins too—are all down, and the chart is so green it’s unsettling.
Yesterday I got itchy and picked up a bit of DEGO. I’m currently down by more than ten percentage points. To be honest, it’s a little uncomfortable, but my position size is small, so I can still hold through it. The biggest risk with playing altcoins is going all-in. I used to be guilty of that—losing everything in one go is what taught me to be more sensible. Now I basically trade by a fixed proportion: per coin I never take more than 5% of my total position. If I’m in profit, I consider adding via a pyramid structure; the higher it goes, the more I buy, but the amount I add keeps getting smaller. I absolutely will not “pyramid into a crash.” I also calculated the Kelly formula, but in real life it’s too idealized—I’d rather be a bit more conservative.
For something as high-volatility as DEGO, either don’t touch it, or only try with a small position. For brothers who want to catch the dip, remember to buy in batches—don’t blow it all in one shot. The above is only my personal opinion and does not constitute investment advice. To get on board, the $DEGO entry point or $OOKI will take you straight to Binance.
DATA, BURGER, and OOKI—these altcoins too—are all down, and the chart is so green it’s unsettling.
Yesterday I got itchy and picked up a bit of DEGO. I’m currently down by more than ten percentage points. To be honest, it’s a little uncomfortable, but my position size is small, so I can still hold through it. The biggest risk with playing altcoins is going all-in. I used to be guilty of that—losing everything in one go is what taught me to be more sensible. Now I basically trade by a fixed proportion: per coin I never take more than 5% of my total position. If I’m in profit, I consider adding via a pyramid structure; the higher it goes, the more I buy, but the amount I add keeps getting smaller. I absolutely will not “pyramid into a crash.” I also calculated the Kelly formula, but in real life it’s too idealized—I’d rather be a bit more conservative.
For something as high-volatility as DEGO, either don’t touch it, or only try with a small position. For brothers who want to catch the dip, remember to buy in batches—don’t blow it all in one shot. The above is only my personal opinion and does not constitute investment advice. To get on board, the $DEGO entry point or $OOKI will take you straight to Binance.
