《Why I Will Never Short Bitcoin? Three Harsh Truths After Blood and Tears Lessons》
When I first entered the cryptocurrency world, I thought shorting was the "printing press of a falling market," until I was repeatedly educated by the market and understood — shorting is licking blood off a knife's edge, while going long is seizing opportunities in the trend.
Harsh Truth 1: Mathematical Probability Sentences You to Death
- Going Long: Losses have a floor (at most go to zero), profits are unlimited (the myth of a hundredfold gain is real)
- Shorting: Profits are capped (the price of the coin is hard to go to zero), losses are unlimited (in a surge, liquidation can happen in just 1 minute)
Cruel Reality: Bitcoin has increased over 60 million times in 13 years, while short-sellers' graves are already three meters high.
Harsh Truth 2: Leverage is a Self-Destruction Accelerator
10x leverage going long? A 10% drop is needed to liquidate;
10x leverage shorting? A 9% surge is enough to turn to ashes.
Data Truth: During the crash on March 12, 2020, the amount of short liquidations was 1/3 of going long — short sellers struggle to profit even in extreme conditions.
Harsh Truth 3: You Are Opposing the Progress of Human Civilization
When you understand the underlying logic of Bitcoin:
It is the first global anti-censorship digital gold
It is the value settlement layer of the Web3 era
It is consuming the pricing power of traditional finance
You will find: Shorting Bitcoin = betting on the regression of human technology, and history never rewards those who go against the tide.
I dare to assert: Bitcoin will be the greatest wealth carrier of the 21st century, without exception.
(Why do 99% of people lose to time? Next time I will tear apart its underlying code, allowing you to see the truth of this revolution)
