The event is not just a launch date: why the failure of Linea cost us $10,000

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Many are asking why I closed my position before the expected profit. The answer is simple: an event is a happening that only works when all parameters are perfectly aligned. In the case of Linea, that did not happen. I’ll explain how the project itself sabotaged its chances.

An event is a precise mechanic: what broke on a technical level

Let’s start with the fact that an event is primarily a synchronized action. The Linea team planned a large-scale token distribution through the claim mechanism (transferring tokens to participants’ accounts). At first glance, everything seemed like a typical, well-calculated scenario.

However, a critical error occurred: the developers made a failure in the issuance mechanics. Instead of smooth operation across both platforms, the system experienced failures. For traders and holders, this meant one thing — an event is now not a controlled opportunity, but a lottery with an uncertain outcome.

Apple Store as an obstacle to the event: asynchrony kills profit

When people say “an event is success,” they usually mean a coordinated start across all channels. On Android, the update was deployed without any delays. But the Apple Store operates by its own rules.

App moderation in the App Store takes 24-42 hours. During this time, activity on Android surged, the market reprocessed the information, and by the time Apple users gained access, the dynamics were already broken. This created a sharp imbalance between the platforms.

An event is a phenomenon that lives off a one-time interest. A staggered start across different services is no longer an event but a prolonged occurrence with lost momentum. The profit that could have been taken in the first hours (+$10,000 net) evaporated.

Risk management versus emotions: why I exited on time

Many will ask: why not wait it out? Why not wait for the rise later?

A professional trader sees it differently. An event is not just a promise of profit — it’s a chain of conditions. When at least one condition fails, the profit is postponed indefinitely, and the risk increases.

I adhere to a strict discipline:

  • If the event is not developing according to plan, losses need to be cut
  • It’s better to close with a small loss according to risk management rules than to get stuck in chaos due to others’ mistakes
  • Falling knives are only caught by amateurs; pros wait for clear opportunities

The analysis was correct, but an event is not magic

My analysis turned out to be accurate — the event was supposed to work. But against developer miscalculations and Apple Store bureaucracy, even the best technical analysis is powerless.

The bottom line is simple: the next entry will be more quality-controlled. I am waiting for events where all parts of the mechanism are built and tested, where there are no risks of external delays, where an event is not just a promise but a guaranteed synchronization of profit.

A trader’s wisdom is not in catching every wave, but in skipping unprofitable opportunities and waiting for the next one.

LINEA-7,29%
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