Last night, I was awakened for the third time by a "liquidation alert," only to find out it was just the oracle feeding prices slowly... Honestly, you think you're relatively safe offline, but in reality, the chain has already dropped first. When the price catches up, your position gets flipped over like someone flipping a table, and you don't even have time to hit the stop-loss. What's even more annoying is that sometimes, the price feed stalls and doesn't move; you think it's fine, but the next second, a big spike hits and liquidates everything, and your mental state really cracks. Now, when I open leverage, I first check if the market is hot or not—don't chase after hot trends. As for that recent social mining and fan token scheme, I feel it's similar: your attention is being "fed" prices, and you think you're mining, but actually you're just waiting for others to press the button and liquidate your emotions. Anyway... better to reduce your position size and not be too aggressive.

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
  • Pinned