Trader Earns $1.238 Million Profit Through Diverse Altcoin Strategy

Utilizing a portfolio of 36 altcoins, the trader focuses on small positions, with significant investment in SOPH.

ETH

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Terms & Concepts
  • Altcoin: Any cryptocurrency other than Bitcoin, often used to refer to the vast array of digital currencies available.
  • Leverage: The use of borrowed capital to increase the potential return of an investment.
  • Long Position: An investment strategy where a trader buys an asset with the expectation that its price will rise.