Why do I advise you to watch the % gain leaderboard less?
It’s not that the coins with bigger pumps can’t be bought—but when many people see it topping the board, the first reaction is: it’s already up so much, so it must be about to drop?
Then they casually open a short.
And that’s usually when the stories of losing money begin.
Let’s not get into the technicals first—let’s do some plain, practical math.
Going long:
Put in 10U—at worst, you just lose that 10U.
But if the direction is right, theoretically there’s no limit to the profit.
Going short:
Your upside is limited, but if the market suddenly goes completely wild and surges upward, the downside isn’t so easy to stop.
So why is a place like the % gain leaderboard often a “graveyard” for shorts?
Because coins that manage to climb onto the leaderboard inherently come with momentum and emotion.
When retail traders see it pumping, they’re afraid of missing out;
when funds see the hype, they push it further in;
once FOMO kicks in, shorts become the best fuel.
When you short at a high level, you think you’re fighting a single candlestick—but in reality, you’re going against a whole crowd of impulsive people.
And don’t forget: some of those explosive-move coins have tiny market depth.
Once a bit of capital comes in, the price can keep being shoved upward.
You just get swept out by the stop-loss, and the very next candlestick might shoot up again.
You think that move earlier was the top—turns out it was just them catching their breath.
Also, the funding rate—don’t think it’s insignificant.
It doesn’t wipe you out in one shot; it slowly grinds down your cost.
The longer you hold the position, the higher your cost; the higher your cost, the easier it is for people to panic; and when panic sets in, people start making chaotic moves.
So after trading for all these years, I’m increasingly convinced that:
True skill isn’t being able to guess the top every time.
It’s knowing where you don’t even need to force a guess.
You can look at the % gain leaderboard, but don’t reflexively short just because you see a big pump.
Missing one move isn’t embarrassing.
What’s truly embarrassing is knowing you can’t hold up against the move, yet still stubbornly trying to fight a runaway rally.
If you really want to place an order, first lock in the maximum you can lose.
The rest is up to the market.#加拿大对美加征最高50%反制关税
It’s not that the coins with bigger pumps can’t be bought—but when many people see it topping the board, the first reaction is: it’s already up so much, so it must be about to drop?
Then they casually open a short.
And that’s usually when the stories of losing money begin.
Let’s not get into the technicals first—let’s do some plain, practical math.
Going long:
Put in 10U—at worst, you just lose that 10U.
But if the direction is right, theoretically there’s no limit to the profit.
Going short:
Your upside is limited, but if the market suddenly goes completely wild and surges upward, the downside isn’t so easy to stop.
So why is a place like the % gain leaderboard often a “graveyard” for shorts?
Because coins that manage to climb onto the leaderboard inherently come with momentum and emotion.
When retail traders see it pumping, they’re afraid of missing out;
when funds see the hype, they push it further in;
once FOMO kicks in, shorts become the best fuel.
When you short at a high level, you think you’re fighting a single candlestick—but in reality, you’re going against a whole crowd of impulsive people.
And don’t forget: some of those explosive-move coins have tiny market depth.
Once a bit of capital comes in, the price can keep being shoved upward.
You just get swept out by the stop-loss, and the very next candlestick might shoot up again.
You think that move earlier was the top—turns out it was just them catching their breath.
Also, the funding rate—don’t think it’s insignificant.
It doesn’t wipe you out in one shot; it slowly grinds down your cost.
The longer you hold the position, the higher your cost; the higher your cost, the easier it is for people to panic; and when panic sets in, people start making chaotic moves.
So after trading for all these years, I’m increasingly convinced that:
True skill isn’t being able to guess the top every time.
It’s knowing where you don’t even need to force a guess.
You can look at the % gain leaderboard, but don’t reflexively short just because you see a big pump.
Missing one move isn’t embarrassing.
What’s truly embarrassing is knowing you can’t hold up against the move, yet still stubbornly trying to fight a runaway rally.
If you really want to place an order, first lock in the maximum you can lose.
The rest is up to the market.#加拿大对美加征最高50%反制关税
