$LYN has been closed.
I held a short position in LYN and chose to take profit today. This is not a shift towards a bullish outlook, but rather adhering to the investment principle of 'avoiding problems and securing profits.' The short selling previously was a bet on the certainty of a short-term correction, but LYN's liquidation structure has now issued a clear warning: the long position liquidations above have completely hit zero, and the historical pressure from trapped sellers has been fully cleared. There is no longer any natural resistance to price increases from liquidation. Meanwhile, there is a massive accumulation of 20x high-leverage short positions. Once the price breaks through a key range, the forced buying from short position liquidations will instantly ignite a short squeeze, rapidly erasing short profits and potentially leading to losses.
As a small-cap coin, LYN's liquidity is inherently weak, and its volatility is extreme. Shorting is fundamentally a tactical move to capture short-term price differentials, not a gamble on long-term declines. We never cling to the last cent, nor do we bet on low-probability luck. Leaving the market proactively before reaching a risk threshold is the true respect for principal and compound interest.
Charlie’s quote: 'Successful investing is fundamentally about continuously avoiding those traps that can lead to significant losses, rather than seizing every opportunity for sudden wealth.'
I held a short position in LYN and chose to take profit today. This is not a shift towards a bullish outlook, but rather adhering to the investment principle of 'avoiding problems and securing profits.' The short selling previously was a bet on the certainty of a short-term correction, but LYN's liquidation structure has now issued a clear warning: the long position liquidations above have completely hit zero, and the historical pressure from trapped sellers has been fully cleared. There is no longer any natural resistance to price increases from liquidation. Meanwhile, there is a massive accumulation of 20x high-leverage short positions. Once the price breaks through a key range, the forced buying from short position liquidations will instantly ignite a short squeeze, rapidly erasing short profits and potentially leading to losses.
As a small-cap coin, LYN's liquidity is inherently weak, and its volatility is extreme. Shorting is fundamentally a tactical move to capture short-term price differentials, not a gamble on long-term declines. We never cling to the last cent, nor do we bet on low-probability luck. Leaving the market proactively before reaching a risk threshold is the true respect for principal and compound interest.
Charlie’s quote: 'Successful investing is fundamentally about continuously avoiding those traps that can lead to significant losses, rather than seizing every opportunity for sudden wealth.'