Let's talk again about $RAVE . Originally, I only had a small position and wanted to use this to explain why controlling-market coins are not worth playing. Relying on the market maker's crazy pump, I almost got myself into trouble.


Currently, I have a 20% stop loss, and I don't plan to resist it hard. After sideways trading for a while yesterday, I was charged a 2% fee for several hours, which has already cost me 176 USD, with an unrealized loss of 121 USD.

Indeed, I didn't consider that the market maker could push the market cap to nearly 4 billion, which exceeds the price of many quality altcoins. Even with previous experience in controlling-market coins, I still stepped on a landmine this time. Before starting, I also discussed with Fish Brother, who has traded control-market coins before, about the possibility of sideways trading with a 2% fee. I mainly overestimated my confidence, thinking my position was small and underestimated the market maker's ability to pump.

Practical operation and theory are ultimately two different things. Watching from the sidelines might allow you to see some things more clearly than those who are in the game.
RAVE15.69%
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Nexus001
· 7h ago
$RAVE I said yesterday that it would reach $9, surpass $10, and even possibly hit $20. Doesn't anyone believe that? Some people are saying to short it. I commented that they should buy some spot and then short. I don't know if that poor guy bought spot or not. 😂😂😂 Shorting is best with funds that can guarantee the price can reach $50. That’s the safest approach. I don’t recommend less than $30; otherwise, anyone who shorts will die.
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