$SAPIEN

I saw that a premium opened a long position of over 20,000 USDT on CB, and now it has risen. I am preparing to sleep and have set a stop-loss at the breakeven price.

There is a certain probability that it will go to Binance spot tomorrow (just a wild guess)

The main reason for opening the long position is that the actual circulation is not high. If the market makers spend a little money, they can pump it up. At first, I thought that even if it didn't pump and I set a stop-loss at 0.16, I would only lose 1000 USDT.

In fact, the actual circulation is quite low, and after it went up on CB, my first reaction was to immediately close the short position, closing at 0.148 and then posting in the group at 0.15. Unfortunately, I didn’t take a reversal.

Reflection:

Because I prefer to wait for opportunities with logic, I only chased after it hit 0.17 on CB. I could have bought casually at 0.15-0.16.

Next time, if I see a good opportunity, I will take the reversal.