Who still remembers? Just 3 months ago, the crypto veteran Yi Lihua was shouting on social media, 'Now is the best time to buy spot,' confidently bullish on long-term. But just 6 days later, he suffered a massive loss of $779 million on his Ethereum holdings and was forced to liquidate, falling from peak to trough. The entire network witnessed his 'death spiral' 😭. Then there's MicroStrategy, heavily invested in long-term Bitcoin holdings, now facing a loss of over $12.4 billion on paper, with its stock price plummeting 80% from its peak—this is not an isolated case; it is the norm for long-term holders now!
Today, let's cut to the chase and directly expose the biggest lie in the crypto world: stop believing in 'long-term passive income' and 'holding means getting rich'! The current crypto market is no longer the same as it was 4 years ago when one could make money just by 'halving every four years.' Long-term holding is not value investing; it's just passively taking hits, while short-term trading is the only way for ordinary people to survive, make small profits, and avoid big pitfalls!
First off, let me ask the old-timers in Binance: how's your long position holding up? Are you watching the price get cut in half, turning unrealized profits into deep losses, feeling a heart attack every time you check the candlesticks? Are you telling yourself, 'Just wait, it will come back,' only to face repeated breakdowns and liquidations?
I totally get that feeling! A couple of years ago, I was also fixated on long positions, heavily invested in a mainstream coin, convinced that 'holding on would lead to profits.' What happened? Prices dropped from 120k to 60k, then down to 40k. I lost unrealized gains and ended up taking a hit on my principal. It wasn't until I completely abandoned the long-term mindset and switched to day trading that I truly escaped the fate of being 'market-farmed'—catching 1-3 points of volatility daily, taking profits when available, avoiding greed, and not getting attached to trades, I ended up earning more consistently than with long positions.
Why is long-term doomed now, while short-term is the way? Three core points hit the nail on the head—definitely save this for a repeat view!
Firstly, the current market has no 'long-term trends,' only 'short-term fluctuations.' Today's crypto market is no longer supported by fundamental innovations; it's a facade of false prosperity built on macro expectations and emotional narratives 😂. One shift in the Fed's policy or an ETF outflow, and prices crash; a hot coin listing on a platform or a small institutional buy, and prices skyrocket. Without sustainable upward logic, holding long will only lead to repeated harvesting, just like Yi Lihua. Even with multiple bull and bear cycles, you can't withstand extreme market volatility.
Secondly, short trading allows for flexible risk management, preserving your capital. The essence of crypto is a probability game, especially now, with volatility at its peak. Bitcoin can drop 13% in a single day, and mainstream coins can fall over 20%+. Long positions can only passively endure all the volatility; once a breakdown occurs, you're trapped. Short trading is different—we only target 5-minute and 15-minute short opportunities, using RSI and Bollinger Bands to capture signals, setting strict stop-losses. Even if we misjudge, we can keep losses under control, preserving capital for a chance to bounce back—this is the first iron rule of survival in crypto!
Thirdly, regular folks can't afford long positions; short trading is the 'lifeline' for everyday traders. Long-term investing may seem simple, but it actually requires huge capital, strong risk tolerance, and the ability to withstand prolonged unrealized losses—which most people can't manage. On the other hand, short trading doesn’t require heavy investments or constant monitoring (just 1-2 hours a day will do). Focus on the top 20 mainstream coins and leaders in trending sectors, like TIA and APT, and capture a 3-5% swing before exiting. It's actually more reliable than long positions.
Many people criticize short trading as 'speculation,' saying 'shorts earn small profits, while longs earn big profits,' but I want to ask: if you can't even preserve your principal, how can you talk about making big money? Those advocating for long positions are either whales with massive capital or newbies who haven't experienced a bear market—whales can push prices with their funds, while newbies will just get harvested by the market.
A sincere suggestion for the Binance community: stop stubbornly holding long! Let go of the fantasy of 'getting rich overnight' and switch to short trading. Don’t chase daily doubles or get greedy for quick gains; remember three core techniques, and even newbies can quickly get the hang of it:
1. Coin selection: Only trade high liquidity coins, focusing on the top 20 mainstream coins + leaders in trending sectors (like modular blockchain TIA, Layer2 scaling APT). Avoid altcoins and meme coins to minimize the risk of stepping into traps.
2. Technical assistance: Use 5-minute candlesticks to catch entry points, 15-30 minute charts to confirm trends, and combine RSI and Bollinger Bands to judge overbought or oversold conditions. Enter when the 10-day moving average holds, and exit promptly when touching the upper Bollinger Band.
3. Risk management is key: Keep the risk exposure of any single asset under 8% of total capital, set dynamic ATR stop-losses, and take profits in batches once unrealized gains exceed 5%. Never be greedy, and always leave yourself an out.
Lastly, I want to say: survival in the crypto space means going with the flow. In today's market, long positions are a trap, while short trading is the way out. Instead of clinging to the fantasy of 'long-term passive gains' and getting repeatedly harvested, it's better to take action, seize short-term opportunities, make a quick profit, protect your principal, and accumulate small wins—that's the most practical choice.
Let’s chat in the comments: are you holding long or trading short? Have you ever been caught in a long position? Follow me for ongoing tips on short-term trading tactics on Binance to help you dodge pitfalls and earn some pocket change ✅