The recent Candlestick pattern of $FOLKS is worth in-depth observation. Some traders have established long positions in the futures trading market, planning to gradually increase this position from an initial small investment, with a target growth multiple of over 500 times. This aggressive growth target reflects a long-term optimism from some funds towards altcoin leaders like $FOLKS. However, the reality is that most futures trading traders ultimately fail due to frequent hedging. The logic of successful trading is simple: hold for enough time, and don't get played for suckers by arbitrageurs in the complex market fluctuations. The Candlestick chart of $FOLKS indeed provides ample research space, whether it's the technical support and resistance or the signs of large funds entering and exiting, all deserve to be followed. This process does not require master-level operations, just the willingness to embrace the opportunities and risks that altcoin leaders may bring, together with market participants.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
PanicSellervip
· 8h ago
500 times? Ha, I'll just see how many can survive until that day --- It's again the holding time theory, easy to say but really hard to do --- $FOLKS this wave is indeed interesting, but frequent hedging is really suicidal --- That's how altcoin leaders are, opportunities and suckers often just differ by a thread --- Not getting played for suckers is the hardest; to put it bluntly, it's a gambling mindset --- Why do I feel like this is just advising retail investors not to act recklessly, when they should have run long ago --- If 500 times really could be obtained, I would be financially free; wake up everyone --- Technical support and resistance don't really work for contracts, it's all market makers putting on a show --- Simple logic looks easy, but doing it is deadly; who will $FOLKS play for suckers this time?
View OriginalReply0
MonkeySeeMonkeyDovip
· 8h ago
500 times? Ha, it's the same old dream talk, most people have already been Get Liquidated before they even get to double their money.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)