I've been trading contracts a bit too frequently lately. I kept reminding myself not to mess with this stuff, but it's hard to resist when the market conditions are right—shorting after a token rebounds, making a little pocket money with a small position feels pretty good.



Just to clarify, this is purely for record-keeping and does not constitute any advice.

As for the beat I mentioned last night, I've already closed one position. I also cleared the token I got from staking 5,000 kaito for the cysic airdrop. The folks project is pretty wild—TVL is only $98 million, but the market cap has reached $138 million. As for bob, it got pumped simply because it was listed on a certain Korean exchange.

The most outrageous one is pippin—I made $16 from a short, but ended up losing $360 to funding fees. Can't believe how the market makers operate.

Emphasizing once again: I just think there are good shorting opportunities in the current market and wanted to share my positions. Don't copy my trades.
BEAT5.18%
KAITO-2.4%
BOB-8.37%
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0xSleepDeprivedvip
· 10h ago
Yeah, that Pippin trade was really ridiculous—made 16, lost 360. The fees are just outrageous. --- The TVL-to-market cap ratio for Folks is really sketchy, feels like they're just riding the hype. --- I get using a small short position to make some lunch money, just worried about getting caught on the wrong side with a sudden reversal. --- Closed my BEAT position. The market really is acting weird right now. --- Kaito's airdrop price tanked pretty hard. Selling early was definitely a good stop-loss. --- BOB pumped right after getting listed on Korean exchanges. Same playbook every time. --- Can't seem to stay away from contracts—I always say I won't touch them but end up doing it anyway. That's my weakness. --- Fees ate up 360. The whales are ruthless this round—it's almost blood-boiling. --- I'm fine with small-size shorts, just gotta stick to the limits and not get carried away. --- Shorting after a rebound is a solid strategy, the key is setting the right stop-loss.
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SolidityStrugglervip
· 10h ago
Haha, that Pippin trade was really insane, earning 16 and eating 360, no one can beat that level of greed. That's how contracts are, it's not easy to make some lunch money. The TVL to market cap ratio of Folks is a bit ridiculous, gotta be careful. As long as you break even, just take action when you need to. Bob follows the exchange trading hype, that trick is getting old. There are shorting opportunities, but the fees are really hard to guard against. Kaito has quite a few traps, haha. The market is looking good, but don't get carried away. Let's wait and see with this round of rebound.
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FlashLoanPrincevip
· 10h ago
That Pippin trade was really something—made 16, lost 360. This is what you call losing both the lady and the army, right?
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MerkleTreeHuggervip
· 10h ago
Haha, that Pippin trade was hilarious, earned $16 in fees and ate $360, that's crypto for you. --- Beat broke even, the TVL and market cap inversion on Folks is just absurd. --- Small positions are indeed nice, but the way these whales operate is just ruthless. --- Shorts make money on position but lose on fees, experiencing the full crypto ecosystem, haha. --- Good thing you closed that Kaito trade in time, these airdrop coins are just too wild. --- Pump-and-dump with BOB is way too common, as soon as it gets listed on a Korean exchange you know the drill. --- Shorting opportunities are good, but the fees could cost you half a year's worth of meals.
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4am_degenvip
· 10h ago
That Pippin trade was really absurd, made 16U but lost 360U, that's just ridiculous.
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DegenWhisperervip
· 11h ago
Damn, that move by Pippin was really outrageous—made 16 but got eaten for 360. How hungry does the house have to be?
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CryingOldWalletvip
· 11h ago
Shorting pippin earned $16, but then lost $360 in fees—this is the crypto world... The market makers really play dirty.
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