Recently, Lao Huang and several fan buddies discussed the "Martingale strategy". One of them has made quite a bit of profit playing Martingale during this volatile market period, but I specifically reminded them that the Martingale strategy is doomed in a trending market, especially without a stop loss.

In fact, Lao Huang tried the Martingale trading method a long time ago, but suffered significant losses, so he really scoffs at this strategy. There are too many one-sided markets in the crypto world; Bitcoin can fluctuate by tens of thousands of dollars at any time, and altcoins can easily fluctuate by hundreds of dollars. How can you cope with Martingale? Are you an infinite bullet? 😓
#GateCryptoTimeMachine