Common mistakes for beginners, catch-up logic
Everyone knows that virtual performed outstandingly this week, so some group members remembered my previous single coin $1M $aixbt. They asked me if it’s possible to do a catch-up on this.
If you compare more exchange rate pairs, you’ll notice that virtual has outperformed the smaller market cap aixbt by more than double since the bottom.
There must be a reason for such a significant deviation in exchange rate pairs. After analyzing, I concluded it’s due to the logic of abandoning the old leader. On April 27th, I opened a long position on virtual and a short position on the aixbt exchange rate pair.
This exchange rate pair rose from the 7-level to the 9-level, and the net value of the position also hit a new high 😇
Identify the mistakes in inertia thinking, look for opportunities in exchange rate pairs, class dismissed!
Show original
5.65K
16
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.