Damn, I paid tuition again today. I tried to go for a small coin—liquidity was already bad. In a moment of heat, I went straight in with a market order and slammed it. The slippage ended up wiping out a full 2 percentage points, and I was at a floating loss as soon as I entered. Later I thought about adding to average down, but the depth was too thin—every limit order would get eaten the moment I placed it, and my timing got completely thrown off. In the end, I cut my losses and exited.



Let me recap: at the time, I was staring at the K-line chart too anxiously—I didn’t wait for the order book to stabilize before I acted. To put it bluntly, it was just me being itchy and reckless.

Lately there’s been a lot of noise around privacy coins; the fight over the boundary between mixers and compliance has been getting pretty intense. I didn’t dare touch it either, but watching the drama unfold is actually kind of interesting. There are tons of tutorials, but I personally prefer reading posts where people genuinely blow up with real money—it’s more useful than any analysis.

That’s it for now—I’ll keep grinding.
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