I have been trading $RIVER recently and have accumulated quite a bit of trading experience. Let me share some of the pitfalls I’ve encountered.

**Early Lessons**

Previously, I followed Pipp.beat, Luna, LunC, ZeC, and some other coins. Honestly, when Pipp was liquidated, even if I didn’t get liquidated, my funds were already almost exhausted. At that time, my position wasn’t large, so I let it naturally liquidate. Many of my friends who were short got washed out, and that feeling was really uncomfortable.

From the candlestick patterns, the reason $RIVER couldn’t go down for a long time is quite interesting—there seems to be some kind of confrontation between the market maker and the small K-line. The ZeC wave still made some profit, Luna’s two versions doubled their holdings, but because I didn’t set stop-losses, I eventually gave it all back. Ultimately, I was too impatient and overconfident, gambling big with small funds on a big trend.

**Gained Insights from Operations**

I still hold a position in Bull Head coin, with a short position at around 5.6. Later, I added at around 1 point something, with an actual cost basis of about 1.5 and 1.13. Currently, my profit has already reached three to four times.

Regarding the Beat operation, I shorted at 3.94, which was basically at the top. When it dropped near 2 dollars, it rebounded, and when it reached around 2.7, I chose to sell. Looking back now, my judgment at that time was actually correct—it eventually fell to about 0.5. But I didn’t stick to my judgment in the middle, instead losing some during the fluctuations, and I missed out on the biggest profit.

**Market Cap Threshold and Trading Strategy**

Here’s an important lesson: for altcoins with relatively high market caps, it’s better to hold at the top than to sell halfway. Around a market cap of 500 million, it seems to be a dividing line—coins below this are more prone to extreme moves. If forced to stop-loss midway, not only do you miss out on profits, but you also risk being washed out in the opposite direction.

Beat started declining from the top at 23.87. Even if it rebounds to 30, I plan to split my funds into three parts to handle it—after all, many retail traders want to buy in at that level. If there’s still a chance to push to 40, I’ll prepare a third account. So far, I haven’t seen a meme coin with a market cap over 2 billion that continues to surge; that level is basically the ceiling.

**Final Advice**

The double-top pattern in $RIVER might already be the optimal outcome. The most common mistake among retail traders is frequent buying and selling, which only worsens losses. Sticking to your judgment is crucial. If you can find the right method, shorting 10 meme coins a year and doubling your profits each month shouldn’t be a problem—after all, all top coins tend to fall hard eventually. But the key is not to be too greedy; instead of risking it all, it’s better to wait and observe the pattern clearly before taking action.