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Mr Lightspeed

@mr-lightspeed.base.eth

ETH dump mechanics (aka how people compound losses): 1.You enter a TOKEN/ETH market (buy or LP), so you inherit ETH as the base risk. 2.ETH mega dumps. 3.Token USD price gets hit twice: Token/ETH slides and ETH/USD slides. 4.You panic-sell TOKEN into ETH while ETH is still a falling knife, locking in the token loss and concentrating into the dump. 5.Add slippage/fees, and if you were LP’ing you can exit with impermanent loss on top. Know what you’re long before the candle prints.
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