Under no circumstances should you buy this altcoin now! It doesn't matter it's TFUELBTC or TFUELUSDT.
Of course, it can still grow. There are a lot of people who want to buy it now.
But there is a gap. TFUE can grow but also can fall.
Altcoins are dangerous enough. They always have a large stop loss.
But in this case, the stop loss can be placed at 80%. The risk/reward is very bad. You can either earn or lose 80% on this position. That's an awful lot.
This is not a call for a short. You can't short altcoins in this market situation. But if you are want to open positions, we advise you to think about it.
If you already have positions, then it is a good time to close it or move it to breakeven.
Recall that it is very dangerous to enter the position of altcoins for more than 5% of the capital.
Stick to your risk management.
Of course, it can still grow. There are a lot of people who want to buy it now.
But there is a gap. TFUE can grow but also can fall.
Altcoins are dangerous enough. They always have a large stop loss.
But in this case, the stop loss can be placed at 80%. The risk/reward is very bad. You can either earn or lose 80% on this position. That's an awful lot.
This is not a call for a short. You can't short altcoins in this market situation. But if you are want to open positions, we advise you to think about it.
If you already have positions, then it is a good time to close it or move it to breakeven.
Recall that it is very dangerous to enter the position of altcoins for more than 5% of the capital.
Stick to your risk management.