Recently, I've been watching the RIVER coin, and it’s truly aggressive—rising from single digits all the way to over $40 now, the increase is impressive. But the problem is, while the rise is exciting, the pullbacks happen quite frequently, sometimes nearly halving in value. Such turbulence has knocked out many people. I myself entered when it was over $5, and very few have managed to hold on until now.
This type of coin has a characteristic: the chips are highly concentrated, mostly held by the manipulators. Once such a situation forms, shorting becomes a thankless task—if they want to push the price up, they will, even pushing it to $100 and then pulling back sharply. Retail investors shorting in this pattern are almost gambling, and most likely will be washed out in the end. Instead of entangling in shorting, it’s better to observe patiently and wait for clearer opportunities.
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SerumSquirrel
· 5h ago
Are the 5 blocks still in there? But honestly, the dealer's holdings really can't be played with.
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RebaseVictim
· 5h ago
Did you buy in at 5 and are still holding? I'm also holding on stubbornly until now, haha.
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NFT_Therapy_Group
· 6h ago
Zhuang coins are like this: when they rise, it's like reaching heaven; when they fall, it's like going to the hospital. No middlemen in between.
Shorting? Wake up. Retail investors shorting in this market are just giving away money. Better to learn how to read the market and wait for opportunities.
Friends who bought in at 5 yuan are really brave, but only a few have actually held on until now. You need to have a strong mindset.
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GhostChainLoyalist
· 6h ago
Still holding on after the cut, just for fun. The market maker's tactics are too dirty, retail investors still want to short? That's just pure money giving.
Recently, I've been watching the RIVER coin, and it’s truly aggressive—rising from single digits all the way to over $40 now, the increase is impressive. But the problem is, while the rise is exciting, the pullbacks happen quite frequently, sometimes nearly halving in value. Such turbulence has knocked out many people. I myself entered when it was over $5, and very few have managed to hold on until now.
This type of coin has a characteristic: the chips are highly concentrated, mostly held by the manipulators. Once such a situation forms, shorting becomes a thankless task—if they want to push the price up, they will, even pushing it to $100 and then pulling back sharply. Retail investors shorting in this pattern are almost gambling, and most likely will be washed out in the end. Instead of entangling in shorting, it’s better to observe patiently and wait for clearer opportunities.