The trading costs of RIVER have become a major issue. The cumulative fee rate within 1 hour has skyrocketed to the level of over 100 hours, with an average transaction fee rate of up to 0.89%. For early short sellers, this alone has already eaten up all the profits. Later traders who followed in are also commonly losing 30-40%. What's more painful is that this wave of market movement doesn't seem to be over yet, and no one knows how long the market makers will keep manipulating. Instead of betting on the future trend, it's better to observe calmly. If you keep rushing in, you might just be throwing money into a trap. Sometimes, admitting defeat is more wise than hard confrontation.
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DeadTrades_Walking
· 23h ago
The fee rate has been raised to 0.89%, this is basically cutting the leeks, I should have known not to touch this coin.
The dealer's move this time is really brilliant, all the profit is eaten up by the fees.
Forget it, let's wait and see. Entering now is just giving away free stuff.
The price keeps falling endlessly, who knows where the bottom is, so I choose to wait and watch.
0.89% fee rate? Forget it, I'll play something else, this market is too tricky.
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IronHeadMiner
· 23h ago
This fee rate is simply outrageous, 0.89% per transaction. How can we continue to play like this?
Friends who shorted early are probably all being bitten back now.
RIVER's market is truly toxic; if you don't understand it, don't force your way in.
With such terrifying fee costs, half of the profit margin has already been swallowed.
Better to stay on the sidelines and wait; rather than chasing highs, it's better to preserve the principal.
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BearEatsAll
· 23h ago
The fees are so outrageous, you should have left long ago. Why are you still stubbornly sticking to it?
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BankruptWorker
· 23h ago
Oh no, such outrageous fees, no wonder I got completely ripped off. Can't afford to play anymore.
The trading costs of RIVER have become a major issue. The cumulative fee rate within 1 hour has skyrocketed to the level of over 100 hours, with an average transaction fee rate of up to 0.89%. For early short sellers, this alone has already eaten up all the profits. Later traders who followed in are also commonly losing 30-40%. What's more painful is that this wave of market movement doesn't seem to be over yet, and no one knows how long the market makers will keep manipulating. Instead of betting on the future trend, it's better to observe calmly. If you keep rushing in, you might just be throwing money into a trap. Sometimes, admitting defeat is more wise than hard confrontation.