Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Buying the dip of 6 million WBTC, losing 31.6 thousand USD in 5 hours and cutting loss to exit.

robot
Abstract generation in progress

[Crypto World] In the early morning of November 29, when the market was all red, an old brother decided to buy the dip on WBTC.

Directly invest 6 million USDC to acquire 65.65 coins, with a cost price of 91,384 USD. The idea is beautiful - it should rebound after a deep drop, right?

As a result, the market did not go as scripted. The price continued to drop, and this guy couldn't hold on after 5 hours.

Finally, all positions were closed at an average price of $86,563, resulting in a paper loss of $316,000. From buying the dip to cutting losses, it took less than half a day.

This wave of operation tells us: buying the dip requires not just courage, but also a bit of luck. Want to catch a rebound when the market is falling? Ask yourself if you can withstand further declines.

WBTC-5.08%
USDC0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)