This wave of PIPPIN is really crazy... I'm doing a live stream, and last night I saw it drop to 0.11, holding onto my position waiting for a lower point to buy the dip. Guess what happened? I didn't wait for the rebound, but instead it kept crashing down, and now I'm completely numb. I originally planned to do swing trading, but unexpectedly I became a dumb buyer, and the more I did Margin Replenishment, the more I got trapped. My mentality has completely collapsed. Is there anyone who understands and can share how to operate in this situation?

PIPPIN11.14%

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.

6 Likes

Reward
6
6
Repost
Share

Comment

0/400

MeltdownSurvivalist

· 6h ago

Damn, this is the result of greed. Trying to wait for a lower price than 0.11, but ended up getting smashed through.

View OriginalReply0

TokenAlchemist

· 6h ago

ngl this is textbook averaging down into a liquidation cascade. the protocol dynamics on PIPPIN clearly entered a death spiral around that 0.11 level—classic inefficiency vector that got exploited hard. should've monitored the MEV extraction patterns instead of chasing asymmetric returns that were never there.

Reply0

PaperHandSister