When going long, you should seek the best assets to invest in, while conversely, when going short, you should look for the worst assets to short. If you do this correctly, it's a simple strategy.
The most taboo thing is:
After much difficulty, you find gold in a pile of garbage, and then you think the price of this gold is too high, so you decide to short it. Meanwhile, you see the nearby garbage dropping by 90%, and you think it's so cheap, so you decide to go long.
You may think the gold is expensive and choose not to buy, but I suggest you don't short it, because when liquidity returns, the funds will first rush to these gold assets among the garbage, whereas for the garbage, whether it’s 10 yuan per pound or 0.1 yuan per pound, if you are willing to buy, the project side will sell it to you.
Although if you time it well, the above methods could indeed make you money, trading is already difficult enough; if you can choose the simple strategy, why choose the difficult one?
These words are dedicated to friends who enjoy shorting BTC, Hype, Aave, Fartcoin, Sui, and those who love to pick up scraps to buy. 😅