When trading, we often need to think through a few alternative plans. For example, you should think about the main forces in the “dog dealer” situation—what if it goes that way? What if it doesn’t meet your expectations? Usually, many people make the mistake of following their intuition. For example, when a coin is going up, it just so happens to be shorted. But once the dog dealer sees a bunch of users shorting, it keeps pushing higher, and you keep adding to your position. In the end, it keeps driving it until you get liquidated (from leverage). Because for altcoins, they’re essentially a single-player game with extremely strong manipulability. $XRP

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