$LIGHT the mindset of catching a falling knife and dumping when tokens rise without proper analysis leads to losses for traders. When it rises, most retail investors go short, yet it continues to rise; conversely, when it drops sharply, most traders are going long. However, few ask why and instead hastily open orders. Facing off against a Whale only leads to one outcome: account liquidation.
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.
$LIGHT the mindset of catching a falling knife and dumping when tokens rise without proper analysis leads to losses for traders. When it rises, most retail investors go short, yet it continues to rise; conversely, when it drops sharply, most traders are going long. However, few ask why and instead hastily open orders. Facing off against a Whale only leads to one outcome: account liquidation.