$BEAT this coin has been performing well recently. I indeed made good profits when I shorted it before, and took the opportunity to go long during the correction yesterday. Currently, the position feels like a good timing.

However, to be honest, many people around me have lost money on this coin, and some have even been liquidated. The main problem is that they simply did not set stop-losses. This is really dangerous.

Here's a piece of advice: for any trade, whether it's $BEAT or other coins, always develop the habit of setting stop-losses. Orders without stop-losses are like playing with fire; market volatility can easily trap you. Trust me, this is an experience gained through lessons learned.