#质检报告

Today I was almost drenched by #PUMP , thinking back still gives me cold sweats.

1. I saw the announcement from the Korean office on $PUMP and thought about doing a news trade, aiming for a small short-term gain.

2. As a result, once I entered, it dropped all the way 📉, directly falling to $0.12. In the meantime, I even added a few more positions, with the liquidation price at $0.1, damn it was so close.

3. Remedial measures along the way:

3.1 Opened a small short position to hedge and lowered the liquidation price.

3.2 Transferred my $rfc to cut losses and use it as margin.

3.3 Moved some coins from my on-chain wallet to use as margin.

4. It rebounded above water, and I decisively ran away. Almost ended up losing everything.

5. I will definitely never trade news coins & low market cap coins again. Also, the depth of these low market cap coins is appallingly bad (those who have traded them know, losses are infinitely amplified, and gains are severely shrunk).