Today #zkj Waterloo, it is estimated that many brothers were buried. In the group, there were single transactions of over 8000u, directly losing down to 2000u, just to save a little gas.
I mentioned the risks in my Twitter post on June 8, stating that the positions of the front row addresses were too high, with a high degree of control, and it only takes a few seconds for it to drop. Of course, the students who formed the LP might have lost even more.
So what is the principle? We are here to make a profit, not to be the ones who suffer losses. Control the proportion of risk capital, use time to exchange for space, and don’t just play all-in at every turn; staying at the table is the hard truth! Opportunities are limitless!