The stage where altcoins are being drained. The contract opened by the goat yesterday has already been stopped out. Looking back at the meme sector, the capital rotation is really fast; the battle ended in just one day. Recently, many people have privately messaged me asking what to do about being trapped by xx coin? Many people open contracts without knowing how to set stop losses, and if there is a market fluctuation, they get stuck badly. The liquidation price is the stop loss price. If you're lucky, you might hold on and recover, but have you considered that if you're not lucky, it could result in liquidation?

Those who do not understand the risks of opening positions and setting stop losses should not open contracts. Many people think that by not setting stop losses, they can hold on and recover. It might work once or twice, but eventually, there will be a time when you lose completely. This is the path I have walked. Therefore, I advise everyone that opening contracts is fine, but you must do so within your bearable range, and you must set stop losses, you must set stop losses, you must set stop losses.