The day before yesterday, I read a joke that said some coins are just like gambling on big or small—completely illogical. I deeply resonate with this, especially after experiencing this wave of meme coin trading recently.

Here's the story. I entered a long position at 0.123. When it climbed to 0.127, greed took over—I thought it could push to 0.13. As a result, I didn't hold for half an hour and it dropped back to 0.125. I was still waiting for a rebound. Unexpectedly, this coin's movement was outrageous; yesterday it suddenly crashed, falling through 0.118 from 0.123, with the lowest touching 0.116. Watching my account shrink, I started adding more to average down.

I added positions at 0.122, 0.121, and 0.120, and when it hit 0.127, I threw in another 2000U. After this series of operations, I finally brought the average price down to around 0.1208. But even so, I was still in a loss of 180U. The manipulator's tactics are indeed terrifying—completely shaking out the weak hands.

Fortunately, I diversified my risk early on and didn't hold a full position. Otherwise, I would have been wiped out long ago. I kept waiting for a rebound opportunity, and a half-hour rapid surge in the afternoon gave me a chance. I decisively sold at 0.12, ending up with a profit of 30U. Although the amount wasn't large, the thrill of escaping danger was real.

This trading experience taught me one thing: greed and persistence are two different things in trading. Risk management and take-profit points are the lifesavers.