The last time I foolishly shorted, I got humbled. At that time, I immediately reversed and opened a long position at $101,300. When the price rose by 50%, I reduced the margin to lock in a small portion of the profit. I'm still holding onto it and haven't closed the position yet. Planning to observe further tonight. It's just a small ant-sized position, mainly used for directional judgment.
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Stand firm when taking a hit, stopped the loss. 🤣 -75%, most of the half-month's earnings are gone. Luckily, it's still just a small position. My $BTC spot holdings remain untouched. I started playing with $2,000, which was just enough to open 0.5 Bitcoin. Over the course of a month, the ups and downs brought my earnings to a peak of $5,300, and after today's pullback, I still have $3,400 left.
But I always feel like the market will drop as soon as I close my position, hahaha. Isn't this what everyone thinks? If you don't close your position, you keep losing; as soon as you close it, the market immediately moves in the opposite direction.
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