When holding a long position in ETH results in significant losses, PEPE has achieved a 47% unrealized profit with 10x leverage. Is this luck or strategy? Looking at the data, as of January 8th, PEPE is quoted at $0.00000628, with a 24-hour trading volume of $822 million, a market cap of $2.64 billion, and a quite active trading scene. However, the risks of altcoins are far greater than those of mainstream coins; a small mistake can lead to a completely different story.



How can one survive longer? First, control the leverage multiple. Comparing PEPE's 10x to ETH's 25x, the risk exposure is reduced by more than one level, and the ability to withstand pullbacks is entirely different. In altcoin trading, a 5-10x leverage should be set as the upper limit; exceeding this is basically gambling on luck. Market rhythm is even more critical. Altcoins are driven by strong themes, with hot spots coming quickly and fading just as fast. You need to sense the trend early, exit immediately before the hype wanes, and avoid getting deeply trapped.

Finally, position management is the last line of defense. Even if you are confident in a certain coin, don’t put all your eggs in one basket. PEPE currently has a good unrealized profit, but no one can predict what will happen next. Take profits in stages when necessary, and keep some funds for emergencies. Don’t repeat the lessons learned from ETH long positions.
ETH-0.49%
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ApeShotFirstvip
· 01-10 11:39
Damn, still dare to go with 25x leverage? This is just to give away money, haha
View OriginalReply0
GateUser-0717ab66vip
· 01-09 11:56
Playing ETH with 25x leverage, it's really digging your own grave... PEPE this wave does have some potential, but I think it's more about the team's luck. Leverage is inherently a double-edged sword.
View OriginalReply0
liquidation_surfervip
· 01-09 11:54
Playing ETH with 25x leverage is really a gamble on luck. PEPE has indeed hit the right rhythm this time, but who can say how long such hot coins will last... The most feared thing is a reversal in the next second.
View OriginalReply0
PanicSellervip
· 01-09 11:45
Well said, but the leverage ratio is indeed the key. I previously went all-in with 25x SHIB, and after a dip, it was gone. Now I see that with 10x PEPE, this unrealized profit makes me understand what it means to survive longer.
View OriginalReply0
OnChainDetectivevip
· 01-09 11:43
Wait, with a trading volume of 822 million and a market cap of 2.64 billion... this ratio is a bit suspicious. I need to dig into the on-chain wallet clusters to see who's dumping.
View OriginalReply0
LongTermDreamervip
· 01-09 11:39
Wow, PEPE has tenfolded while ETH is still on its knees. Three years ago, I was betting on luck like this too. Now, I'm just providing "nutrients" for others' leveraged trading, haha.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)