$BZ Where is the return on this order? It’s been almost a month already, and the funding fee alone has eaten up 500–600 U. Brothers, when can this break even? I just want to break even—get out.
$BZ Where is this order? It’s been almost a month already. The capital usage fee has eaten up 500–600 USDT. Brothers, when will I be back to breakeven? I just want to get back to my money and get out.
Recent huge bearish news came out, but Bitcoin and Ethereum didn’t really fall much—it's truly surprising. I’ve already rotated to long with a light position. The reason is: the bull market really is here. The risk of going short is greater than the risk of going long, especially for medium- and long-term positions where you don’t set a stop-loss—so don’t short too easily. My suggestion is to mainly low-buy longs, with a light position—light position—light position.
Actually, since the US–China summit in mid-last week, I fully switched to short. Although I did sell longs at the absolute high, once the mainstream coins’ momentum ended, the back-row—altcoins—started to surge. At one point, the rally of altcoins even hit my short positions’ leverage stop-loss. Sui— and in coin-margined contracts I was basically the worst: I couldn’t make money and ended up losing; when I thought I was going to win, I got taken down by this altcoin heat wave. The result is that after I closed my positions, all the coins kept falling. Bitcoin even dropped to 81,000.
To be honest, in the past few days of shorting, I’ve been more exhausted than when I held large long positions. Every night after work, so late that I still couldn’t sleep. And in the end, I didn’t make any money, and I lost my health too. (Just saw the update CZ posted: says health is the most important—I really agree. Out of ten traders, 9 probably can’t sleep well, especially those who like heavy positions with high leverage.)
After going through this round of the big players’ washout, I’ve finally understood a bit of the pattern. Now it’s a bull market—you can’t really count on a big drop happening, and falling a lot isn’t possible. Do you know why? If you think from the perspective of the market maker, you’ll understand. If they really smashed it down a lot, they might get picked up by their institutions or retail traders at low prices, and they could end up raising someone else’s carriage. Because many people are waiting for a low-price entry opportunity. The price action over the past few days is already enough to prove this. So the “dog market maker” chooses to move sideways and grind lower—two-sided killing, taking profits from both long and short.
However, in the near term, Bitcoin is about to experience a golden cross, and with rate hikes plus the fact that it’s already risen too much, the risk of a pullback is still quite high. So my current strategy is: hold light long positions. If it falls, add in batches. If there’s a big drop, increase leverage. Honestly, I’m still looking forward to a big drop. Otherwise, I really wouldn’t be able to fire off full-leverage bullets.
Personal trading plan: For coin-margined futures, I’ll still keep it as light small longs, with no stop-loss. If there’s a larger pullback, I’ll add. For USDT-margined (U-margined) contracts, high leverage mainly targets altcoins and US stocks—take profit at highs and buy back at lows.
I’ve held positions in 40+ shady coins. If they go up by 50%, that could turn into 10x. 20 coins × 10x = 200 × $10,000 in principal = $2 million. What if some of them surge by 100x? Guys, I’m not good at math, so I can’t figure it out—can you help me calculate? How much is 100x? 🤣
$ZEC bought two ZEC coins. Challenge 40 bucks to earn 20,000 bucks—just imagine if it rises to 10,000 per coin; wouldn’t this one trade be over 20,000? Just thinking about it feels so great.
$ZEC Follow you back to oppose you I continue to go long the dogs' syndicate scythe is about to reach the shorts, when you see 3000 the second high 6000 don’t ask me why because supply and demand and the issuance amount is only 21 million coins and like Bitcoin , think it through yourself
$QNT This coin will rise to 1500. The second peak is 5000, and the third peak is 10000. So don’t short it. Value comes from rarity. There are only 10 million coins.
$QNT It was all because of you that you took the lead; otherwise we’d be dead and gone. The unfortunate part is that I wanted to add more, but I was restricted. Damn it.
$QNT This coin’s market cap is very light. The circulating supply is only a bit over 10 million coins. Compared to ZEC, it’s far less. So it’s very easy for the whales to push the price up. Honestly, I saw a next potential move—ZEC reaching anywhere from 1000 to 1500 is possible. What do you think? Let’s talk in the comments section.
$QNT This coin made me see the shadow of $ZEC . They both have a maximum supply of over 10 million coins, and its circulating supply is even less than ZEC. Now its market cap is only 180, and trading volume has already surpassed ZEC. Could this end up becoming the next ZEC?