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Recently, I have been trading futures contracts of the RIVER token. I entered a long position at 15.2. By 16.8, I had already gained an 11% increase. I initially wanted to hold on, but then I thought it’s better to be cautious—withdraw the principal first and let the profits run. In such market conditions, a major move really depends on the formation of a double needle on the 4-hour chart, so my plan is to place one order at 15.2 and another at 14.6, just for fun, not heavy positions. Set the stop loss at 13, and aim for a take profit above 20.
My trading experience with BREV has been a bit frustrating. I used a copy trading system from a top exchange. I was in isolated margin mode, only risking 10% of my position, with an additional 20% margin to handle volatility. The strange thing is, the system didn’t follow the trader’s operations synchronously, causing those copying the trades to be forcibly liquidated in isolated margin. This doesn’t seem like a small issue; it looks like a system-level bug that needs to be reported immediately.
Another lesson— I previously bought a certain coin, thinking I could just exit when I could break even, and I finally managed to escape. Reflecting on that period, all the fuss was pointless. The reason is clear: these kinds of air coins have no real use cases, relying solely on hype. Once the hype dies down, they have no value. This time, I invested heavily and learned a lesson: always look at the project’s fundamentals.