That single trade was really frustrating. The market suddenly surged, and after listening to the live analysis saying that the spot market's good news was actually a bearish signal, I thought about going long at the low point. I was already optimistic about this coin; when it dropped to 0.16, there was a 5-minute rebound. Worried about missing the move, I immediately put in 15U to test the waters.
As a result, the spot price kept dropping. Thinking that my position wasn't large anyway, I decided to hold. Unexpectedly, today it broke through the previous low and even crossed the support level. I set a stop-loss at 0.12, originally planning to cut my losses if triggered, but it plunged right through, leaving me at the lowest point. Later in the evening, it inexplicably rallied again—this feeling, truly incredible.
**Reflection this time**:
First, I shouldn't hold on out of luck just because my position is small. Previously, I always used isolated margin with a light position; this time, I went all-in, and my thinking was completely messed up. Second, without a clear rebound trend, I shouldn't have rushed in directly. This is a lesson I need to remember.
**I'm still confident in this coin**, for these reasons:
One, as the first Chinese coin to list on a futures exchange, it already has some heat. Two, the trading volume and influence of the exchange behind it are significant, and with such an obvious coin name, there should be room for growth. Three, key data—92% of the tokens are locked in the on-chain black hole, indicating that the circulating supply held by the whales isn't actually large.
Overall, I need to be more cautious next time.
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LiquidatedDreams
· 01-11 07:20
Listening to it, I went all-in. This move was really awesome. I need to learn my lesson next time.
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GigaBrainAnon
· 01-10 17:31
Once again, I was fooled by the live stream. This trick really repeats over and over. When will it ever change?
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NFT_Therapy
· 01-08 16:59
Listening to the live stream this time really was a lesson learned, my mindset is shattered.
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memecoin_therapy
· 01-08 16:58
This is the result of being brainwashed by the live stream... Listen to advice and eat a full meal, everyone.
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SelfRugger
· 01-08 16:40
It's another story of being wiped out while listening to a live stream, really going all-in out of frustration.
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AllInAlice
· 01-08 16:31
I heard that getting stopped out by a crash is the most painful, I understand that feeling... But the data showing 92% black hole locking positions is indeed outrageous.
That single trade was really frustrating. The market suddenly surged, and after listening to the live analysis saying that the spot market's good news was actually a bearish signal, I thought about going long at the low point. I was already optimistic about this coin; when it dropped to 0.16, there was a 5-minute rebound. Worried about missing the move, I immediately put in 15U to test the waters.
As a result, the spot price kept dropping. Thinking that my position wasn't large anyway, I decided to hold. Unexpectedly, today it broke through the previous low and even crossed the support level. I set a stop-loss at 0.12, originally planning to cut my losses if triggered, but it plunged right through, leaving me at the lowest point. Later in the evening, it inexplicably rallied again—this feeling, truly incredible.
**Reflection this time**:
First, I shouldn't hold on out of luck just because my position is small. Previously, I always used isolated margin with a light position; this time, I went all-in, and my thinking was completely messed up. Second, without a clear rebound trend, I shouldn't have rushed in directly. This is a lesson I need to remember.
**I'm still confident in this coin**, for these reasons:
One, as the first Chinese coin to list on a futures exchange, it already has some heat. Two, the trading volume and influence of the exchange behind it are significant, and with such an obvious coin name, there should be room for growth. Three, key data—92% of the tokens are locked in the on-chain black hole, indicating that the circulating supply held by the whales isn't actually large.
Overall, I need to be more cautious next time.