After all these years, Kuang Da still relies on fundamental and cyclical thinking. In fact, trading doesn't need to consider fundamentals at all; having no fundamentals can even be better as it allows for manipulation by high-capital players. What you're really playing with is chips and structure. Just look at the current #Cambricon #trx #XRP #Doge #Pepe. If it weren't so easy to manipulate, Sun would not go public. Every IPO is just to continuously manipulate and cash out.
A relatively good strategy right now is to go long on any of the top ten non-stablecoins by market cap and short XRP. This thing has nothing yet sits in the top three of such a huge crypto market, surpassing BNB—can you believe it? This hedging strategy is likely to yield significant profits in the long run.
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