Last night, I was staring at the holdings of PIPPIN, my heart was in my throat. The price skyrocketed to 0.246, and my contract position was just a hair's breadth away from getting liquidated. I was really desperate at that moment, thinking that this wave was definitely going to play people for suckers.
Result - surprisingly made it through!
To be honest, I was mentally prepared for zeroing out last night and didn't even dare to check my phone, just waiting for the notification of being force-liquidated. Who knew that when I woke up in the morning and checked, my position was still there, although the unrealized loss was not small, at least I wasn't completely wiped out.
This feeling of walking on a tightrope at the edge of a cliff is something that everyone who trades contracts understands. The market really can change dramatically with just a small fluctuation; the difference between long and short positions can be like heaven and earth in an instant. This time I can consider myself lucky to have survived, and I have to thank the market for not continuing to cause trouble. But to be honest, the psychological pressure is too great; next time, I need to manage my position better.
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AltcoinTherapist
· 12-06 02:05
With nerves like that, you’d need a heart stent, haha.
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GasFeeSurvivor
· 12-05 15:10
Oh my god, this PIPPIN move was insane, it almost became my grave.
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GasWrangler
· 12-03 02:50
ngl, this is exactly why leverage is mathematically sub-optimal for retail traders... actually, if you analyze the liquidation mechanics, your risk exposure was demonstrably unnecessary. the data proves tighter position sizing would've eliminated this entire stress event. just saying, margin calls are gas-inefficient ways to learn portfolio management.
Reply0
MoonRocketman
· 12-03 02:48
That 0.246 move was indeed risky. From the technical chart, the upper Bollinger Band has already been touched, and although the RSI momentum is overheated, there is no bearish divergence, indicating that the main upward trend hasn't truly ended yet. Avoiding the liquidation line this time actually means you've completed a perfect channel correction.
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GmGnSleeper
· 12-03 02:43
Ah, that's the magic of contracts—the thrill of living on the edge is just impossible to give up.
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ImpermanentLossEnjoyer
· 12-03 02:38
Bro, that's the magic of contracts. So many people couldn't sleep last night.
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PotentialWhale
· 12-03 02:26
Bro, congratulations. After surviving a great disaster, good fortune will surely follow.
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DesireForETHFall
· 12-03 02:25
Congratulations, big bro. Be more careful next time. Now that you're out, have a cup of tea and get a good night's sleep.
Last night, I was staring at the holdings of PIPPIN, my heart was in my throat. The price skyrocketed to 0.246, and my contract position was just a hair's breadth away from getting liquidated. I was really desperate at that moment, thinking that this wave was definitely going to play people for suckers.
Result - surprisingly made it through!
To be honest, I was mentally prepared for zeroing out last night and didn't even dare to check my phone, just waiting for the notification of being force-liquidated. Who knew that when I woke up in the morning and checked, my position was still there, although the unrealized loss was not small, at least I wasn't completely wiped out.
This feeling of walking on a tightrope at the edge of a cliff is something that everyone who trades contracts understands. The market really can change dramatically with just a small fluctuation; the difference between long and short positions can be like heaven and earth in an instant. This time I can consider myself lucky to have survived, and I have to thank the market for not continuing to cause trouble. But to be honest, the psychological pressure is too great; next time, I need to manage my position better.