In the last 10 days before delisting, a veteran holder’s liquidation notes
I’ve been holding $SCRT for some time. When I heard the news that it would be delisted on September 3rd, I wasn’t panicking, because I knew how to handle delisting coins.
This move today, from 0.016 up to 0.0228, didn’t excite me at all. Instead, I used the rebound to cut half my position above 0.021. You ask why? Because when delisting coins rally, it’s very likely—eight or nine times out of ten—distribution, not a reversal. The main players know better than we do what delisting means. They’ll use the last time to pump up and distribute. For those of us holding positions, it’s just a chance to leave.
My liquidation plan is simple: sell in batches above 0.020; don’t wait around if it’s below 0.018—if there’s liquidity, get out. In the final few days before delisting, liquidity will keep getting worse. By then, you might not even be able to sell. Don’t be greedy for that last bit of profit. The floor of delisting coins is a bottomless pit—0.015 isn’t the bottom. After delisting, it could drop to below 0.01.
One more thing: don’t add to your position, don’t try to bottom-fish, and don’t assume it can still rise after delisting. What does delisting mean? It means the coin has no liquidity on major exchanges. A coin without liquidity is basically just air.
I’ve already cleared most of it. Over the next few days, I’ll look for opportunities to exit the rest. The market doesn’t lack opportunities—there’s no need to waste time on a coin that’s about to be delisted.
The above is only my personal analysis and does not constitute investment advice. #标普500期货下跌
I’ve been holding $SCRT for some time. When I heard the news that it would be delisted on September 3rd, I wasn’t panicking, because I knew how to handle delisting coins.
This move today, from 0.016 up to 0.0228, didn’t excite me at all. Instead, I used the rebound to cut half my position above 0.021. You ask why? Because when delisting coins rally, it’s very likely—eight or nine times out of ten—distribution, not a reversal. The main players know better than we do what delisting means. They’ll use the last time to pump up and distribute. For those of us holding positions, it’s just a chance to leave.
My liquidation plan is simple: sell in batches above 0.020; don’t wait around if it’s below 0.018—if there’s liquidity, get out. In the final few days before delisting, liquidity will keep getting worse. By then, you might not even be able to sell. Don’t be greedy for that last bit of profit. The floor of delisting coins is a bottomless pit—0.015 isn’t the bottom. After delisting, it could drop to below 0.01.
One more thing: don’t add to your position, don’t try to bottom-fish, and don’t assume it can still rise after delisting. What does delisting mean? It means the coin has no liquidity on major exchanges. A coin without liquidity is basically just air.
I’ve already cleared most of it. Over the next few days, I’ll look for opportunities to exit the rest. The market doesn’t lack opportunities—there’s no need to waste time on a coin that’s about to be delisted.
The above is only my personal analysis and does not constitute investment advice. #标普500期货下跌