交易圣杯
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Change the mindset, and from now on fully transition into a short-selling phase for the following reasons.
Background 1: Financial situation: About half on exchanges and half on-chain.
Background 2: General market situation: The market is currently in one of three scenarios: first, a true breakout of Bitcoin, leading to a sharp rise and a rally in altcoins, entering a bull market. Second, a false breakout that turns downward or a significant correction before a bull run. Third, the current situation of being stuck without moving up or down.
If I go long and encounter the first scenario of a bull run, that would be the best outcome; if it’s the second scenario, it could be disastrous, with significant losses both on-chain and off-chain, and exchanges could potentially go to zero, forcing one to leave the table. Of course, if it’s the third scenario of being stuck, there’s nothing much to say.
If I go short and encounter the first scenario of a bull run, on-chain assets will greatly appreciate, exchanges will suffer significant losses, but if operated correctly without being liquidated, there will still be considerable funding fees to compensate somewhat. If it’s the second scenario, exchanges could not only make money but also acquire considerable fees, which could fully offset the losses on-chain. Again, if it’s the third scenario of being stuck, there’s similarly not much to discuss.
In summary, based on my actual situation, going long cannot withstand the worst-case scenario, while going short is the most prudent approach, preventing total annihilation, while maintaining capital and having a certain probability of making profits.
So I must short!!!
Recently, there haven't been major issues in operations, everything looks green and pleasing to the eye, let’s keep it up!
Background 1: Financial situation: About half on exchanges and half on-chain.
Background 2: General market situation: The market is currently in one of three scenarios: first, a true breakout of Bitcoin, leading to a sharp rise and a rally in altcoins, entering a bull market. Second, a false breakout that turns downward or a significant correction before a bull run. Third, the current situation of being stuck without moving up or down.
If I go long and encounter the first scenario of a bull run, that would be the best outcome; if it’s the second scenario, it could be disastrous, with significant losses both on-chain and off-chain, and exchanges could potentially go to zero, forcing one to leave the table. Of course, if it’s the third scenario of being stuck, there’s nothing much to say.
If I go short and encounter the first scenario of a bull run, on-chain assets will greatly appreciate, exchanges will suffer significant losses, but if operated correctly without being liquidated, there will still be considerable funding fees to compensate somewhat. If it’s the second scenario, exchanges could not only make money but also acquire considerable fees, which could fully offset the losses on-chain. Again, if it’s the third scenario of being stuck, there’s similarly not much to discuss.
In summary, based on my actual situation, going long cannot withstand the worst-case scenario, while going short is the most prudent approach, preventing total annihilation, while maintaining capital and having a certain probability of making profits.
So I must short!!!
Recently, there haven't been major issues in operations, everything looks green and pleasing to the eye, let’s keep it up!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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