These days, meme coins are quite hot again, with screens full of posts in the group, basically meaning that when emotions run high, funds swirl around like in a teacup, looking beautiful but you don’t know where it will turn in the next second.


My biggest misunderstanding as a newbie before was: the more the narrative sounds solid, the more “grounded” it seems, and when it drops, just wait for it to come back.
My current understanding is: the narrative is just the wind; stop-loss should be written on your own hand first—before entering, I set the price/area where I went wrong, and when it hits, I exit, don’t cling to your own luck.
Recently, the “compound yield” from pledging and sharing security has also been causing a lot of chatter, but I care more about: where does the money come from, and can it be withdrawn at any time? Otherwise, once the excitement dies down and the cup cools, it’s all just sediment.
For now, I’d rather eat less than get burned in one go.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin