Bull market "fishing line" appears, today many Altcoin soared and then plummeted, the dealer closed the net
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🚨Bull Market "Fishing Line" Appears, Multiple Altcoins Surge and Plummet Today, Whales Closing the Net
Yesterday was Altcoin Season, Today is Altcoin Sacrifice. KOL @yuyue_chris lamented: After whales dump their last batch of tokens, they are about to start a great retreat. These past few days have seen intensive consolidation, with a quick pump and rapid net closure.
These coins experienced massive drops today
#BABABAS31, dropped 78%;
#RESOLV, dropped 36%;
#OMNI, dropped 46%;
#ALT, dropped 37%;
#TST, dropped 29%.
Historical Lesson: FOMO impulse during bull markets makes losing money easier.

There are secrets to making money in a bull market:
1⃣ Invest rationally, focus on fundamentals, and avoid blindly chasing hot spots.
2⃣ Make a clear trading plan and set stop-profit and stop-loss.
3⃣ Diversify investments to reduce the risk of a single asset.
4⃣ Avoid excessive leverage and maintain liquidity.
There are always opportunities to get on board if the bull market crashes~
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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