Today short Ethereum with 800 dollars to 3200, or even 3000, compared to 50,000 dollars, 800 dollars is no pressure at all. First, short with 75 times leverage, then switch to 20 times rolling margin short, to increase fault tolerance.
柳夜刀
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I am really angry, the drop of Ethereum to 3200 is a certainty. Once the leverage is high, it will affect the mindset. However, I have been thinking about a question: if we are trading coins, what's the point of not using some leverage to earn those few points? Can't I just go for the A9? The reality is harsh, so those who come out with high leverage are all elites, and I admire them. They not only need market sense and courage, but also luck, and they must understand when to stop. Looking at the entire cryptocurrency circle, such people are rare; however, losses and gains are two sides of the same coin. Since it has happened, I should reflect on it and accept the arrangement of fate. For example, I can avoid staying up late, rest well, and it might save my life. Moving forward, I will continue to focus on Bitcoin, achieving compound profits in the long term. Bitcoin could reach 300,000 dollars in the next few years. The opportunities are still there!
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