A lot of people asked why I didn’t reduce my position yesterday, saying I was too greedy.
I’d placed a reduce-only order a long time ago. Yesterday, the price was dropping so smoothly that I went to bed, and my order didn’t get filled. Long-time followers know I had an order at 1050.
If I’d been awake, I might have reduced my position as things unfolded. But I was asleep and missed it, so I’m letting it go.
I’ve shared my own thoughts before: I don’t think we’ll get another bull run driven by interest rate hikes, and I don’t think we’ve reached the bottom of the bear market yet. So reducing my position is only to give me a better opportunity to add back in.
Also, a lot of people say they’ll push the price to 2000 to liquidate me. Don’t worry—even if it reaches 2000, I won’t get liquidated, even though I secretly added to my position a couple of days ago. $ZEC #ZECUSDT
I’d placed a reduce-only order a long time ago. Yesterday, the price was dropping so smoothly that I went to bed, and my order didn’t get filled. Long-time followers know I had an order at 1050.
If I’d been awake, I might have reduced my position as things unfolded. But I was asleep and missed it, so I’m letting it go.
I’ve shared my own thoughts before: I don’t think we’ll get another bull run driven by interest rate hikes, and I don’t think we’ve reached the bottom of the bear market yet. So reducing my position is only to give me a better opportunity to add back in.
Also, a lot of people say they’ll push the price to 2000 to liquidate me. Don’t worry—even if it reaches 2000, I won’t get liquidated, even though I secretly added to my position a couple of days ago. $ZEC #ZECUSDT