For old coins that suddenly become hot like this, you want to chase them, but you’re afraid to enter because the chart looks good yet you worry you’ll get stuck and go bust at the top—what should you do?
I recently tested a few varieties. The success rate is pretty good. My summary is as follows: if the coin is coin-margin based, you should buy the spot and open a coin-margined long. At the same time, in the U-margined market, buy a short position worth the same value. If the smaller altcoins don’t support coin-margin—for example, those with market caps from a few hundred million to a few dozen billion—then just go straight with spot + a short to lock in the capital value. If there’s a really big correction, you can use the profits from the short to buy more spot at the lower level.
$MINA
Note: The main idea is to use an institutional risk-hedging approach, with capital risk as the top priority—not the typical one-dimensional thinking and trading style of ordinary retail traders who only either go long or go short.
I recently tested a few varieties. The success rate is pretty good. My summary is as follows: if the coin is coin-margin based, you should buy the spot and open a coin-margined long. At the same time, in the U-margined market, buy a short position worth the same value. If the smaller altcoins don’t support coin-margin—for example, those with market caps from a few hundred million to a few dozen billion—then just go straight with spot + a short to lock in the capital value. If there’s a really big correction, you can use the profits from the short to buy more spot at the lower level.
$MINA
Note: The main idea is to use an institutional risk-hedging approach, with capital risk as the top priority—not the typical one-dimensional thinking and trading style of ordinary retail traders who only either go long or go short.
