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Recently, PIPPIN's trend has left me a bit speechless. Last night, as it rebounded to 0.56, I was still thinking there might be a chance for the bears, but it still fell. The problem is—although there was indeed a decline, the cost of funding fees had already eaten up the profits, and in the end, the calculation shows a loss. That's when I realized, on such volatile coins, simply betting on the right direction is far from enough; trading costs are the invisible killer.
After this lesson, I changed my mindset. Instead of continuing to fight the bears to the death, it's better to follow the bullish trend. Mainstream coins like BNB and XRP have been performing well recently. Although PIPPIN is highly volatile, since it's so hard to profit from shorting, I will shift to a bullish approach and participate in the market with a more friendly cost structure. Experienced friends, what are your recent thoughts?