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The recent frenzy of altcoins over the past few days can be summarized.
"Data first, gamble your life second"
Stop-loss is ineffective, taking $myx as an example.
Yesterday's amplitude was 108%, which good person had a stop loss for their trades at 108% × leverage.
In simple data experience, yesterday was definitely the "peak".
But you shorted yesterday 😂 90% will die, countless false signals triggered, even a 50% price stop loss will be penetrated.
Profiting is awesome, losing is a bummer😓
The so-called "sell point" theoretically refers to a price that won't return to the ideal short stop-loss position of (, but $myx has gone back three times.