Honestly, I can't quite see through this situation right now. When new coins are launched, everyone instinctively shorts them, and there are good reasons for that—there's inevitably selling pressure after the launch, and this logic has always been effective. But recently, these trading pairs are a bit different; some assets are performing noticeably outside of normal expectations.
At noon, someone even advised me to go short with him, despite the high funding rates. And what happened? The price surged nearly 30%, and we were forcibly squeezed out. That’s really tough—paying the fees while the market moves against us, putting a lot of pressure on the account.
The current risks are indeed too concentrated, and the space for speculation is actually smaller. Instead of fighting against it, it’s better to wait and see, and only act when the market truly shows divergence. Sometimes, the best strategy is to sit tight and not follow the trend into these high-risk positions.
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.
14 Likes
Reward
14
6
Repost
Share
Comment
0/400
MevHunter
· 3h ago
Getting wiped out by fees and then shorting in the opposite direction—this is just ridiculous. Following the trend to short really is like giving away money.
View OriginalReply0
WalletDoomsDay
· 01-08 09:46
Oh wow, we've really been played this time. The fees are draining us, and the market is actually hitting back in the opposite direction. Unbelievable.
View OriginalReply0
SerNgmi
· 01-07 07:52
Again, it got smashed out, this time still caused by following the trend. The fee rate is there eating, the market moves in the opposite direction, truly incredible.
---
The logic of shorting used to work well, but now it's long broken, gotta get used to it.
---
A 30% increase directly stunned people, sometimes doing nothing is really the best move.
---
Sitting still is easy to say, but when account pressure hits, I still can't help but want to act, but indeed I should change this bad habit.
---
Daring to short with high fees? Brother, are you a gambler or a trader? I need to learn from your courage.
---
If you can't see through the market, don't touch it. The risk is too concentrated now; anyone who does will regret it. Let's wait and see.
View OriginalReply0
MiningDisasterSurvivor
· 01-07 07:48
Another story of being repeatedly whipped by fees, I've been through it myself. The logic of this new coin dumping has long been broken; after the 2018 disaster, I learned that the stronger the consensus, the more dangerous the strategy. Sitting still is truly the hardest lesson, but most people can't do it.
View OriginalReply0
MidnightTrader
· 01-07 07:46
Following the trend to short is really a big pitfall, and you have to bear the fees yourself. A 30% increase directly leads to a massive loss. This round is a painful lesson.
View OriginalReply0
0xDreamChaser
· 01-07 07:27
Following the trend of shorting and getting smashed for 30%, while the fees are still eating up wildly, this is a lesson learned, brother.
Honestly, I can't quite see through this situation right now. When new coins are launched, everyone instinctively shorts them, and there are good reasons for that—there's inevitably selling pressure after the launch, and this logic has always been effective. But recently, these trading pairs are a bit different; some assets are performing noticeably outside of normal expectations.
At noon, someone even advised me to go short with him, despite the high funding rates. And what happened? The price surged nearly 30%, and we were forcibly squeezed out. That’s really tough—paying the fees while the market moves against us, putting a lot of pressure on the account.
The current risks are indeed too concentrated, and the space for speculation is actually smaller. Instead of fighting against it, it’s better to wait and see, and only act when the market truly shows divergence. Sometimes, the best strategy is to sit tight and not follow the trend into these high-risk positions.