#PIPPIN
#VINE错失机会 Last night before bed, I checked Pippin, the price was 0.128, I expected it to drop to between 0.10 and 0.11, so I placed a long order at 0.101 (of course with low leverage). When I woke up today, it was already around 0.15. It seems that my order was a bit greedy, and I missed out instead.
Looking at Vine, it has already skyrocketed. I originally thought about bottom fishing if it broke below 0.12, but now it hasn’t given any opportunities.
Others like to share their profitable trades, but I don’t have that much mindset, just occasionally sharing my thoughts.
Currently, most of the new coins launched are experiencing various declines, and I usually look for opportunities to short with low leverage after they launch.
Interestingly, the coins that only launched contracts but not spot trading have more opportunities. Without spot trading, then I’ll go for contracts; this can be flexible. These newly launched contracts have large fluctuations, so to be safe, I usually open positions with one times leverage, treating it as if I were doing spot trading; if it's overnight, I use 0.7 times leverage.
Of course, if I anticipate a significant bull market, I can adopt a reverse Martingale strategy to operate, which keeps the risk manageable and can expand profit margins.