It was quite an early order. At that time, I saw KERNEL hovering at 0.1758, thinking that after dropping for so long, it should bounce back, right? I got a bit impulsive and opened a long position, but this coin just kept dropping without even a decent retracement. The buy orders on the order book were as thin as a layer of paper, while the sell orders kept piling up. The price fell from 0.1758 to 0.1724, and after holding on for two days, I lost 2.85U. I just couldn't take it anymore and cut my losses to exit.

Looking back at the candlestick chart, this coin hasn't seen a single green candle in the past month; it's a clear case of 'stair-step decline.' The trend was obvious, yet I still had to catch the falling knife, a typical retail investor mindset. The dumbest part was not setting a stop loss, always fantasizing that the big players would suddenly pump the price, only to be slapped in the face by reality. I've learned now: for coins in a downtrend, it's better to miss a false rebound than to stubbornly fight against the trend. Next time I encounter such a 'one-sided slide coin,' I’ll put a note on my forehead saying 'no counter-trend trading' first!