This coin previously reached over $4 but I didn't take profits in time and was later stopped out. Today it suddenly surged again, which is indeed a bit regrettable. However, this loss made me realize that the key to trading altcoins is to stick to your strategy and not be scared by short-term fluctuations. My current approach is to select a few promising small-cap coins, open multiple positions, preferably covering the fee costs, and then hold patiently. As long as I control the risk of liquidation, the market makers can manipulate the price up and down without fear, and earning fees will gradually recover the capital. Setting stop-losses can actually make it easier to be wiped out. Of course, the current price is definitely not a good entry point. I'll look at other targets. I've been holding POLYX for over ten days; it appears to be in a loss on the surface, but including fee income, I've already broken even. In such a restless market, this steady approach is actually the most suitable for me.
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.
9 Likes
Reward
9
7
Repost
Share
Comment
0/400
MEVSandwichMaker
· 8h ago
The Nabo that was over 4 bucks didn't run away, and now it's rallying again... This market trend is really incredible.
View OriginalReply0
gas_fee_trauma
· 8h ago
Got cut again, huh? Did you learn your lesson this time? Relying on earning back through fees is indeed a clever move, but the prerequisite is not to be stopped out...
View OriginalReply0
ForkMaster
· 8h ago
Ha, this is a classic "only realize you've been cut after it's too late" routine. I've seen it all too often.
But on the other hand, relying on fee income to recover is indeed a good move; this is the true survival rule in a bear market. Half of the milk powder money for my three kids comes from this steady approach.
It's correct to set stop-losses and get swept out, but you also need to be cautious about opening too many positions; don't wait until the market maker plays you out completely before regretting it. I've seen too many brothers who say "I have a strategy" and end up going all-in on everything.
For assets like POLYX, I've played it out long ago. The fee income is indeed stable, but it tests patience. Currently, the price isn't a good entry point; it's better to wait for other arbitrage opportunities from forks.
View OriginalReply0
MEVHunterZhang
· 8h ago
Really, it was the most uncomfortable when I was cut, but it was nothing when I thought about it later, the key was to find my own rhythm.
View OriginalReply0
MetaverseVagabond
· 8h ago
That's the same kind of self-soothing excuse—earning back through fees? Sounds nice, but can this thing withstand a real downturn?
View OriginalReply0
OldLeekNewSickle
· 8h ago
It's another story of the whales sweeping back and forth, haha.
View OriginalReply0
FloorSweeper
· 8h ago
lmao paper hands got liquidated while the real accumulators are collecting premiums... this is how you actually make money, not chasing pumps like a desperate retail trader
This coin previously reached over $4 but I didn't take profits in time and was later stopped out. Today it suddenly surged again, which is indeed a bit regrettable. However, this loss made me realize that the key to trading altcoins is to stick to your strategy and not be scared by short-term fluctuations. My current approach is to select a few promising small-cap coins, open multiple positions, preferably covering the fee costs, and then hold patiently. As long as I control the risk of liquidation, the market makers can manipulate the price up and down without fear, and earning fees will gradually recover the capital. Setting stop-losses can actually make it easier to be wiped out. Of course, the current price is definitely not a good entry point. I'll look at other targets. I've been holding POLYX for over ten days; it appears to be in a loss on the surface, but including fee income, I've already broken even. In such a restless market, this steady approach is actually the most suitable for me.