$ZEC taught me a painful lesson this week. 😅
It climbed from around $500 to $889, crushing my short from $580. I kept expecting a pullback, but the market kept proving me wrong.
With $820 holding as support, bulls still have the advantage, and $889 could be retested.
The biggest lesson: don’t short simply because an asset looks “too high.” Stubbornly holding a losing position only makes the pain worse.
Sometimes the smartest move is accepting the loss and protecting your capital. 📉💡
It climbed from around $500 to $889, crushing my short from $580. I kept expecting a pullback, but the market kept proving me wrong.
With $820 holding as support, bulls still have the advantage, and $889 could be retested.
The biggest lesson: don’t short simply because an asset looks “too high.” Stubbornly holding a losing position only makes the pain worse.
Sometimes the smartest move is accepting the loss and protecting your capital. 📉💡
