#美国就业数据表现强劲超出预期 Looking at the $LIGHT market trend, it really is painful to watch!



A while ago, a friend who was communicating with me opened a short position at 3.4, setting the force close price at 5 dollars. He asked me if he should continue to add to his position, and my advice was not to mess around anymore, as 5 dollars was already a risky position. As a result, when he woke up in the morning, there was a direct crash, and my buddy told me that he couldn't hold on anymore and had to cut his losses last night. This trade could have made a profit, but it just vanished like that.

To be honest, this type of cryptocurrency is really a game of licking blood on the edge of a knife. When it rises, it can shoot up for a whole week, but it can revert back to the original point in just an hour. The most heart-wrenching part is that when you think an opportunity has come and want to short it, it instead goes up all the way; by the time you see the trend is right and plan to go long, it suddenly crashes down like a waterfall.

There are indeed some market makers who will do anything to offload their goods. They directly crash the market with multiples, burying all long positions. The most ruthless ones choose to act in the early morning—at this time, most people in the country are asleep and can't react in time. Those who did not set stop-losses directly face liquidation, and those who did set stop-losses are also very likely to be wiped out.

The conclusion is: projects of this kind should indeed be cleared out, removing them from the market sooner is a blessing for everyone. $BEAT $PIPPIN
LIGHT-72.61%
BEAT60.99%
PIPPIN-19.71%
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
  • 3
  • Repost
  • Share
Comment
0/400
FOMOrektGuyvip
· 2h ago
Suckers should learn some lessons.
View OriginalReply0
NewPumpamentalsvip
· 2h ago
Retail investors cut loss will always lose.
View OriginalReply0
ForeverBuyingDipsvip
· 3h ago
Suckers are always on the road.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)