2026-01-08 07:28:06

In a certain exchange's futures market, I made a not-so-pretty move. I noticed that RIVER had increased by 285.49% over 30 days, thinking it was a strong asset, but I chased the high and got caught in a pullback. I opened a position with 10x leverage, and now the unrealized loss in my account is -11.19 USDT, with a return on investment of -194.21%, and the margin ratio has dropped to only 6.46%. That number really makes me uncomfortable.

How did the market move? RIVER fell from a top of 23.877 to 16.445, a 6.97% drop in 24 hours. My entry price was 19.669, which is directly at the peak of this rally. The liquidation price is at 10.358. There is still some buffer space, but the risk exposure of my account is already quite high.

However, from a fundamental perspective, this coin isn't completely bad. The 24-hour trading volume is 611 million USDT, with a trading volume of 35,224,200 coins. Capital inflows and outflows are still quite active. Interestingly, buy orders account for 56.17%, indicating that even during the decline, funds are still entering at lower levels. This doesn't look like a one-sided dump.

My current plan is to run two strategies in parallel. On one hand, I watch whether I can add to my position to lower the average price; on the other hand, if there's a rebound opportunity, I will take profit and exit. The crypto market is often like this—being caught at high levels is common. The key is not to be overwhelmed by emotions but to be patient and wait for opportunities. As long as RIVER can rebound, there's still a chance to recover the position or even turn it positive.

Futures trading is like this: when you lose, you have to find a way to win back. I don't believe this wave of losses will be the end.

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CodeZeroBasis

· 20h ago

Leveraging 10x to chase the high, this is my daily routine, hilarious --- 6.46% margin, I almost got liquidated, see you soon --- Buyers still account for 56%, indicating the bottom probably isn't far off, you still have a chance with this order --- Adding positions to average down relies on this rebound, otherwise you'll really eat a loss --- Everyone chasing from 285 on RIVER, this is what they call the cost of chasing the high --- Funds are still flowing, indicating it's not just a pure sell-off, feels like your judgment is still correct --- 194% return rate, 10x leverage is indeed fierce, but losses come quickly too --- Contracts are basically gambling; win and turn around, lose and you're back to square one overnight --- Taking profit and closing positions is a strategy, but the rebound space at this level is just so-so

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ZenChainWalker

· 21h ago

Oh no, chasing high leverage of 10x is indeed a bit ruthless. A 194% return rate—how long will it take to turn things around? Buyers are still at 56, indicating that someone still believes in it. It all depends on whether the rebound gives an opportunity. Adding to the position or cutting losses—this is a dilemma. Taking profit or closing the position sounds simple, but in practice, it requires strong psychological resilience. If there's still room before the forced liquidation price, don't despair. Be patient and wait. Actually, this is the fate of contracts; chasing hot topics means accepting this cost.

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LiquidityWitch

· 01-11 00:50

Leverage 10x to chase the high, that's gambler's thinking, buddy. Having room for liquidation is just psychological comfort; when it really happens, it will be very brutal. Doing T and averaging costs sounds easy but is actually full of traps. The crypto market loves to harvest in the opposite direction. Don't trust the buy volume ratio too much; when the main force dumps, the data is most deceptive. Adding to your position? Brother, you're digging a hole to bury yourself. A 285% increase in one month, a pullback is normal; don't bet on a rebound. A 193% loss looks like a number, but in reality, the account is bleeding. With such a large risk exposure, stop-loss is necessary.

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rekt_but_resilient

· 01-10 18:21

Here are several comments with different styles: 1. 10x leverage chasing highs and still claiming it’s not a complete loss, this mindset is truly incredible. 2. You can still see the buy ratio? Bro, you really know how to find reasons to comfort yourself. 3. 194% return rate, this number should be viewed upside down to feel comfortable. 4. Replenishing positions to lower the average price—I’ve seen too many people use this excuse to lose again. 5. Still daring to say there’s a chance with some buffer before liquidation, I gotta respect that. 6. If funds are active, there won’t be a dump? Wake up, bro, this is exactly how a dump looks. 7. Listening to two lines running parallel sounds good, but in reality, it’s still betting on a rebound. 8. Winning back contracts is much harder than earning new money; I’ve been down this road. 9. Saying a 6.46% margin ratio is uncomfortable, I think it’s hinting that things will get even worse. 10. Who will handle the rebound market? The market won’t give you face just because you’re trapped.

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rekt_but_vibing

· 01-08 07:54

10x leverage chasing RIVER, this move is indeed a bit brave I understand the feeling of being stuck at the top, but there's still some buffer space Adding to the position to do T, being prepared on both sides, a rebound could turn things around, this wave can rise

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ApeWithNoFear

· 01-08 07:53

The classic teaching scene of chasing highs and踩坑, playing with 10x leverage is indeed not a joke A 6.46% margin ratio, this is really walking on the edge, brother, your experience is quite something RIVER buy orders still have 56%, indicating that the bottom is accumulating, it all depends on whether you can hold until the rebound The biggest risk with contracts is being emotionally driven; continuing to add positions is okay, but don't stack multiples again The liquidation price of 10.358 still has buffer; if this speed continues, it will eventually break through, so you need to prepare psychologically Actually, this is why I keep saying that contracts are a game of risk and reward; winning feels amazing, but losing can leave you stunned Adding positions to lower the average price sounds good, but the question is, do you have enough bullets? The move of closing positions on T is correct; the rebound space needs to be strong, a 0.5% rebound won't save you Looking at your state, it's truly frightening; many people get trapped in the crypto world, but the key is not to risk your living expenses RIVER's fundamentals are okay; it all depends on whether there will be new positive news or hype to drive the price up

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OfflineNewbie

· 01-08 07:44

Chasing high leverage of 10x is really crazy. Look at yourself in the mirror, buddy.

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WenMoon

· 01-08 07:43

Chasing high leverage of 10x, this is the gambler's mentality. Losing 194% and still dreaming of a comeback, wake up. A high buy ratio can save you? Doing T to lower the average price sounds like self-comfort. Now is the time to think about how to cut losses, not wait for a rebound. 6.46% margin ratio, this is not a buffer zone, it's a time bomb. If there was really a chance, it would have rebounded already. Don't wait any longer. Adding to your position? With what? Losing another wave and your account will be wiped out directly. This coin isn't fundamentally bad, but your account isn't necessarily ruined either. Wake up.

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ParallelChainMaxi

· 01-08 07:36

Oh no, chasing high with 10x leverage leads to this kind of outcome The old trick of chasing gains and selling losses, once again A margin ratio of 6.46%, that’s quite nerve-wracking Betting on a rebound, still praying that buying pressure holds Next time, remember better and don't chase such a 285% crazy coin Doing T and exiting sounds simple, but can you really hold on without cutting?

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