After this round of operations, I really confirmed one thing — rushing for quick profits often leads to rapid stop-losses. I remember going long at 2.88 on BEAT, only to see it drop straight to 1.4, and I felt so cold inside. Later, I tried to bottom fish Ethereum at around 3400, but before I could react, I was stunned.
The most outrageous thing was the day before yesterday, when I went long on Chicken Joy at 72, and immediately took an 8% stop-loss, exiting at 64. I initially thought the position at 3.3 was good, so I went all-in, but I was still pondering whether to short for arbitrage, and suddenly I got liquidated.
Now I feel a bit confused. Is there still any point in playing like this?
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AirdropHarvester
· 7h ago
Brother, this is purely looking for death. Going all in and still thinking about arbitrage? Wake up!
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ser_we_are_early
· 12-20 18:50
Bro, this is a typical greed problem. Fully committing your position will eventually lead to losses.
After this round of operations, I really confirmed one thing — rushing for quick profits often leads to rapid stop-losses. I remember going long at 2.88 on BEAT, only to see it drop straight to 1.4, and I felt so cold inside. Later, I tried to bottom fish Ethereum at around 3400, but before I could react, I was stunned.
The most outrageous thing was the day before yesterday, when I went long on Chicken Joy at 72, and immediately took an 8% stop-loss, exiting at 64. I initially thought the position at 3.3 was good, so I went all-in, but I was still pondering whether to short for arbitrage, and suddenly I got liquidated.
Now I feel a bit confused. Is there still any point in playing like this?