Recently, I had a frustrating experience in the Crypto Assets market. I noticed a quite large buy order around the price of $COAI at 7.15, so I decided to place a sell order of 4000U at 7.151, hoping to quickly buy a few hundred K at 7.15. However, to my surprise, my order was executed at 7.146.



Worse yet, within seconds after the order was executed, the price began to plummet sharply. For the next half hour, the price hovered around my entry price, causing both of my trades to be at a loss. This experience made me realize that even seemingly safe trading strategies can carry significant risks.

I noticed that those traders with smaller amounts of funds seem to be able to achieve good returns, and some even manage to earn tens of thousands of U in a short period of time. This phenomenon makes me wonder if there is some kind of mechanism targeting large fund traders.

This experience has made me rethink my strategies for Crypto Assets trading. I now tend to believe that in this market, short-term trading may have more advantages. Long-term holding might face more unknown risks, especially for large traders.

Overall, this experience taught me a lesson. It reminds us that in the Crypto Assets market, whether for short-term or long-term trading, we need to stay alert and act cautiously. At the same time, we should always pay attention to market changes and continuously adjust our trading strategies.
COAI81.26%
View Original
post-image
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
  • 9
  • Repost
  • Share
Comment
0/400
GateUser-3b74ccdcvip
· 10-10 14:42
Using such high leverage is amazing👍
View OriginalReply0
BigPigHeadvip
· 10-10 14:32
Yes, as long as it's a large amount, it will definitely explode. The market adjusts based on open orders, and the fluctuation will definitely trigger an explosion of orders first. You can experiment with two reverse orders with a difference in amount.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)