Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
$RAVE has recently stabilized around 4.1u, finally looking a bit more pleasing. Reminded me of yesterday, when half of the position was in stablecoins and the other half in this coin, but the cost was pushed up to 5.6u, which was really uncomfortable. During that time, I was also caught several times, each with a 0.2u slippage, and the losses added up significantly. If I had strictly controlled the expected cost at 3.5u back then, the current profit margin would be much better.
The current strategy is to first use about 80,000 in quota to stabilize the position, and later look for opportunities similar to the $KGEN level of 50u. I originally planned to participate, but after seeing the last market trend, there were too many people doing the opposite, so I decided to skip it. In this round of market, managing risk and slippage well is much smarter than blindly chasing highs.