Chart_Oracle
Open Trade
SOL Holder
High-Frequency Trader
8.2 Years
3 Following
30 Followers
64 Liked
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Portfolio
$RAVE Guys, stay away from this!!! 2% fees per hour is pure rip-off. In a setup like this, shorts can only lose!
$RAVE I had a theory about why the price of RAVE keeps rising relentlessly. The short fees are extremely high, currently around 2%, and that alone is bleeding short positions dry. This leads to short squeezes and forced buying when shorts get liquidated.
The price of RAVE will only fall once people stop shorting it. At 10× people said it must fall, then again at 20×, the same at 40×, 60× and so on… Well, my friends: nothing has to happen.
Stop shorting this thing and the price will fall on its own.
The price of RAVE will only fall once people stop shorting it. At 10× people said it must fall, then again at 20×, the same at 40×, 60× and so on… Well, my friends: nothing has to happen.
Stop shorting this thing and the price will fall on its own.
$RAVE It’s inexplicable what’s happening with RAVE… that’s why I’ve decided to invest small amounts in shitcoins that are at the bottom. Maybe fortune has a soft spot for me.
$RAVE I went short and burned half my portfolio. For some people, $8,000 isn’t much, but for me it was 50% of my account, built over the last 6 years through small, controlled trades.
It’s not so much the money I lost that bothers me, but the fact that I still can’t believe how poorly and stupid I executed this trade…
Even after a 1200% move, there’s no guarantee a short will work.
Now I have to figure out how to explain this to my wife and the kids.
It’s not so much the money I lost that bothers me, but the fact that I still can’t believe how poorly and stupid I executed this trade…
Even after a 1200% move, there’s no guarantee a short will work.
Now I have to figure out how to explain this to my wife and the kids.
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