Happy Mid-Autumn Festival, I’m taking a break with an all-cash position
After this round of sell-off, I bought over $300 million worth of ETH in order to hedge the downside after HK “stole the U”
Six times of heavy positioning: each time a 7–50% rise and a 7–50% drop
Accurately picked the cases that ended up being profitable at the very bottom—either the last one or among the last three
After that, I directly split my investment into five or more major coins
Originally, the profit was at least 30,000–50,000 U
In the end, after working myself to death and not sleeping, it came down to only about 8–9 thousand U total
All positions are already closed—at last night’s high, total unrealized profit was 4,800 U
In the end, the two accounts together made about 2,800 U in actual profit
In one night, I gave back more than 2,000 U
The downturn is supposed to end today, and there’s not much going on over the weekend
It’ll be a minor uptick + a three-day pullback
Next week is where the big divergence happens—I haven’t figured out yet how to play it
And I also have to factor in an additional debt from a “hacker laundering/mixing coins” xq that’s coming due—during this sell-off