In the end, the logic of playing in the primary market should be simple and straightforward—capture good projects and immediately convert the profits into U. Don't get caught up in fancy tricks, and don’t think about infinitely increasing positions with the money earned.
But I just can't seem to remember the lesson. Clearly, I identified the bear market signal, yet I didn't honestly maintain my stablecoin position? And what was the result? Someone targeted my position precisely, and I suffered a painful loss.
The funniest thing is, I'm someone who relies on the primary market for a living. Why should I follow the big shots to play in the secondary market? They have capital, information advantages, and teams. Why should I join the fun?
I figured it out: since I've chosen the path of an early predator, I should have the awareness of a predator—quick in and out, secure the gains. If you make money, run away, don't be greedy. When the bear market comes, hold onto your USDT to get through the winter, don’t mess around.
This wave is considered as paying tuition, hopefully I can remember it for a long time.
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.
12 Likes
Reward
12
6
Repost
Share
Comment
0/400
pvt_key_collector
· 13h ago
To put it simply, it's greed that harms people. Everyone understands the logic of selling right after getting tokens in the primary market, it's just that the execution is too poor.
View OriginalReply0
FlyingLeek
· 12-01 18:11
Hey, you're right, greed is really poison. I just couldn't control this mouth.
View OriginalReply0
AirdropHunterWang
· 12-01 18:09
Damn, that's me, all the profits from the Primary Market are lost in the secondary market, it's really absurd.
---
In a Bear Market, you still dare to increase the position? Bro, you are really fierce.
---
That's right, greed leads to a quick death, knowing when to lock in profits is the way to go.
---
Precision targeting is indeed tough, you have to learn when to keep your mouth shut.
---
I need to tattoo the four characters 'lock in profits' on me.
---
Early plunderers should have been about quick in and out, why are they learning swing trade now?
---
This tuition fee is worth it, better than losing more.
View OriginalReply0
GamefiEscapeArtist
· 12-01 18:07
Oh dear, this is textbook-level greed, can't learn it, can't learn it.
View OriginalReply0
HalfIsEmpty
· 12-01 18:01
Uh... isn't this just me from half a year ago? I'm really impressed.
View OriginalReply0
PositionPhobia
· 12-01 17:42
That's right, the Primary Market should be that trap - quick in and out, just get the U and it's done. If it gets complicated, you'll end up being played for suckers, and I have deep experience with this.
This time really taught me a lesson.
In the end, the logic of playing in the primary market should be simple and straightforward—capture good projects and immediately convert the profits into U. Don't get caught up in fancy tricks, and don’t think about infinitely increasing positions with the money earned.
But I just can't seem to remember the lesson. Clearly, I identified the bear market signal, yet I didn't honestly maintain my stablecoin position? And what was the result? Someone targeted my position precisely, and I suffered a painful loss.
The funniest thing is, I'm someone who relies on the primary market for a living. Why should I follow the big shots to play in the secondary market? They have capital, information advantages, and teams. Why should I join the fun?
I figured it out: since I've chosen the path of an early predator, I should have the awareness of a predator—quick in and out, secure the gains. If you make money, run away, don't be greedy. When the bear market comes, hold onto your USDT to get through the winter, don’t mess around.
This wave is considered as paying tuition, hopefully I can remember it for a long time.