Thinking back on this move by PIPPIN, my legs are still shaking.
The day before yesterday, my account was wiped out to just 500u. At that point, I thought I’d make one last gamble—went all-in with 20x leverage. Unexpectedly, as soon as I entered, it pumped, and I broke even in a short time. But that’s human nature: once you start making money, you get hot-headed, kept increasing my position to chase bigger gains, and as a result, most of the profit got taken back by the market.
Today, after calming down, I set a stop-loss at 0.01651 for myself, which works out to exactly a -3000u loss threshold. During the session, I thought I was about to get stopped out—the price kept hovering just above my stop-loss, almost triggering it. But surprisingly, it held, and it actually started to bounce right at that level.
With these altcoins, it really is a split second between heaven and hell. My current average entry price is now balanced after multiple position adjustments. My mindset is steady now, and I’m still bullish on this asset.
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
8
Repost
Share
Comment
0/400
CoffeeOnChain
· 12-06 14:04
Damn, that was intense. You almost exited the market for good. I was sweating for you at your stop-loss point.
View OriginalReply0
ManWhoOperatesLikeA
· 12-06 00:34
I have to cut my losses today.
View OriginalReply0
Admin88
· 12-05 23:59
Experienced driver, guide me 📈
View OriginalReply0
Ycm9929
· 12-05 23:56
The maximum contract amount can't exceed 5000u, right?
View OriginalReply0
BTCRetirementFund
· 12-05 23:50
Damn, this is really like licking blood off the blade. Going all-in with $500 to make a comeback takes some serious guts.
View OriginalReply0
SchrodingerAirdrop
· 12-05 23:49
Bro, your mental fortitude is incredible. I was getting nervous just watching you.
View OriginalReply0
TokenomicsDetective
· 12-05 23:47
These mood swings are really something. Still daring to go all-in with 20x leverage on 500u—truly ruthless.
View OriginalReply0
StablecoinGuardian
· 12-05 23:26
Bro, how long did it take to build up your nerves for this? Just watching makes me break out in a cold sweat for you.
Thinking back on this move by PIPPIN, my legs are still shaking.
The day before yesterday, my account was wiped out to just 500u. At that point, I thought I’d make one last gamble—went all-in with 20x leverage. Unexpectedly, as soon as I entered, it pumped, and I broke even in a short time. But that’s human nature: once you start making money, you get hot-headed, kept increasing my position to chase bigger gains, and as a result, most of the profit got taken back by the market.
Today, after calming down, I set a stop-loss at 0.01651 for myself, which works out to exactly a -3000u loss threshold. During the session, I thought I was about to get stopped out—the price kept hovering just above my stop-loss, almost triggering it. But surprisingly, it held, and it actually started to bounce right at that level.
With these altcoins, it really is a split second between heaven and hell. My current average entry price is now balanced after multiple position adjustments. My mindset is steady now, and I’m still bullish on this asset.