Sometimes making money actually makes it harder to sleep than losing money. $UNI , opened a fifty-times short at 10.365, still running at 9.287, floating profit 520.01%. That night I tossed and turned without sleeping well, not because I was afraid of losing, but because I was too anxious from making so much.
When I opened the position, I didn’t think too much, just saw it had been stuck below its previous high for two days, volume shrinking day by day, so I casually shorted a position and went to sleep. Woke up to find I was still making money, I didn’t even notice the sharp pullback in between. Now it’s more than five times profit, honestly I don’t know whether I should exit. If I exit, I’m afraid it will keep falling; if I don’t, I’m afraid a rebound will eat back the gains.
That’s how fifty-times leverage is, the bigger the profit, the more uneasy you feel. I finally decided to exit in batches, taking half off first and leaving the rest to fate. Brothers who haven’t gotten in, don’t chase this; entering at this level is like gambling with your life. $BTC #US10YTreasuryYieldHits19YearHigh #BitcoinFallsToAround$84,600ThisWeek
When I opened the position, I didn’t think too much, just saw it had been stuck below its previous high for two days, volume shrinking day by day, so I casually shorted a position and went to sleep. Woke up to find I was still making money, I didn’t even notice the sharp pullback in between. Now it’s more than five times profit, honestly I don’t know whether I should exit. If I exit, I’m afraid it will keep falling; if I don’t, I’m afraid a rebound will eat back the gains.
That’s how fifty-times leverage is, the bigger the profit, the more uneasy you feel. I finally decided to exit in batches, taking half off first and leaving the rest to fate. Brothers who haven’t gotten in, don’t chase this; entering at this level is like gambling with your life. $BTC #US10YTreasuryYieldHits19YearHigh #BitcoinFallsToAround$84,600ThisWeek