Regarding the future of RIVER, I have referenced the trend patterns of similar cryptocurrencies. Currently, there are indeed opportunities for shorting, but timing is crucial. My plan is to place short orders in batches within the $35-40 range. Instead of operating blindly, it's better to wait and see how the situation develops.
Recently, I discovered a problem: the platform's management of such cryptocurrencies is relatively lenient, and fee policies are adjusted arbitrarily. Especially those with a fee of -2% per hour, which no trader can withstand. Once caught in such a position, it can lead to significant losses in minutes.
Therefore, my advice is: be very cautious before shorting. Instead of rushing to make quick profits and becoming a liquidity provider for the market makers, stick to your strategy—set proper stop-losses. Missing an opportunity is better than getting liquidated. $35-40 is my targeted sniping zone; only consider entering below this price.
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SleepyValidator
· 10h ago
How long has it been at the 35-40 price range? Feels like RIVER keeps dancing around here, and the fee structure is really disgusting.
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Honestly, the platform's -2% fee is just a way to collect IQ taxes; anyone who touches it will die.
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Staggered short positions are steady; no rush, anyway this coin can't run away.
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You'll understand after a liquidation once; now I set stop-losses first before acting. Lesson learned.
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Let's wait and see. Anyway, taking it slow is faster; if it doesn't trigger at 35-40, I'll keep sleeping.
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Need to pay more attention to the fee policy, or all the profits will be eaten up.
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The sniping point is well set; just afraid it drops below when I wake up.
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I agree. Trading this kind of coin requires patience; don't be fooled by short-term fluctuations.
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GasFeeVictim
· 10h ago
Positions around 35-40 are indeed prone to being cut, the fees are killing us
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-2% transaction fee?? This platform really dares to do it, the market makers are laughing happily
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Wait, haven't you been tricked by those fees? It’s gone in just an hour
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Shorting RIVER? Just looking at its fee structure makes me want to laugh, they really dare to play
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Setting stop-loss properly is the key, don’t learn from some people who go all-in
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Entering at 35? Friend, I doubt it even drops to that level
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The fee strategy for this kind of coin is really outrageous, the exchange just wants us to be ATMs
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It's smarter to wait and see, entering now is a suicide operation
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Getting liquidated or missing the opportunity, I choose the latter, what a bloody lesson
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The way the platform plays with fees, sooner or later some traders will cause trouble
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GateUser-1a2ed0b9
· 10h ago
Wait, -2% fee? This damn platform is really trying to cheat people, no wonder so many are getting cut.
RIVER really needs to be approached with caution. I'm also watching the 35-40 range, but entering now feels too rushed.
Setting stop-losses has saved me several times, otherwise I would have been wiped out long ago.
Just want to ask everyone, how's the liquidity of this coin? I'm worried about order slippage.
I admire your patience, much better than my group of impatient friends. They are already trapped and stuck.
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LiquidationAlert
· 10h ago
Is the 35-40 price range really achievable? It feels like it's already heading towards 50 now.
The fees are really outrageous; the platform just wants to scalp retail investors.
Just set your stop-loss and don't gamble against the market makers.
Why is RIVER causing so much trouble this time? It was just hyped up a couple of days ago.
Let's wait and see. Anyway, I won't chase after the high.
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GasFeeLover
· 10h ago
I'm also watching the 35-40 range, but my brother is right, the fees are really a rip-off. If you're not careful, you'll get drained.
Regarding the future of RIVER, I have referenced the trend patterns of similar cryptocurrencies. Currently, there are indeed opportunities for shorting, but timing is crucial. My plan is to place short orders in batches within the $35-40 range. Instead of operating blindly, it's better to wait and see how the situation develops.
Recently, I discovered a problem: the platform's management of such cryptocurrencies is relatively lenient, and fee policies are adjusted arbitrarily. Especially those with a fee of -2% per hour, which no trader can withstand. Once caught in such a position, it can lead to significant losses in minutes.
Therefore, my advice is: be very cautious before shorting. Instead of rushing to make quick profits and becoming a liquidity provider for the market makers, stick to your strategy—set proper stop-losses. Missing an opportunity is better than getting liquidated. $35-40 is my targeted sniping zone; only consider entering below this price.