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$PIPPIN this wave of market movement is indeed risky. Last night at the 0.74 level, many probably got liquidated. I actually took a gamble too, relying on a bit of market intuition, I bought a $120 position with 10x leverage at around 0.68.
The performance after that was pretty good—when it hit 0.45, I directly closed the $120 position, leaving some bottom chips as insurance. As a result, the price then rose above 0.53, so I casually added another $100 with 10x leverage. Wow, then it dropped again to 0.45, I immediately closed a $130 position. Now I only have a $10 10x position left, purely gambling on when the market maker will pump.
Honestly, the liquidation price is already at $11, the volatility of this coin is really impressive. But that’s also why I want to tell everyone—never hold a heavy position in these kinds of coins. It’s hard to fully grasp the market maker’s rhythm, and heavy positions just set you up for a lesson. The real strategy is to wait for the market maker to make a big move and then enter, which reduces risk and makes profits more stable. Otherwise, just wait to be "educated" by the market.
Trading is not gambling; controlling your position size is the key to surviving until the end.