Today I saw many KOLs who used to support $PUMP madly turned against it. It's normal. Winners win, losers lose. Why don't you jump on it and step on it when it's broken? 😂😂😂

The only regret is that I saw the tone of this person and the team early on, and firmly believed that $PUMP would plummet, and eventually return to zero, but the rhythm was disrupted twice in the middle, resulting in not enough profit.

There are two reasons for the review:

▶️ Greed

Originally, I opened a short position of hundreds of thousands at around 0.56. Later, I saw that the upward breakthrough momentum was good, and I thought I should be able to get a short position at a higher position, so I closed it again after a small loss. As a result, it went down, so I had to chase the short again, but the position was much smaller.

▶️ Two-way

Friends who play contracts should have experienced that it is much easier to do one-way than two-way.

I saw the news that PUMP transferred coins to Binance wallet a few days ago at around 0.42, which made me misjudge and think that it was likely that Binance spot and Holder airdrops had been negotiated.

The previous short position profit reduction caused my mentality to change, hoping to make back the profit through some micro-operation. So I closed the short position and changed to long, but after waiting for two days, I found that the Jew had released a smoke bomb again, and had to lose 0.39.

Are you still short now?

After the break today, the whole network has been scolding. Judging from the mood, it is definitely not a comfortable position for me to take action. I will consider it after a decent rebound.

The current distribution of chips is actually not very clear. In my opinion, surrendering and admitting defeat directly is not necessarily the way to maximize his interests. It is possible that he will wait until the bottom of the chips is almost controlled before exerting force. It is also possible that he pretended to be dead for a long time before letting the market attention completely divert.

But I don’t want to speculate, wait for the right opportunity before taking action. #NFT板块领涨 #山寨季來了？