🥶YES, THE MARKET CRASHED🥵

and as long traders, we got stuck again 😂

I’ll share my position and thoughts. As always, this is not investment advice. You'll see how I’ve handled this challenging position from the very beginning.

My Position:
I opened a 4x long position on ETH at $2000, using about 55% of my total margin. Within a minute, the price broke down sharply.

😎 What I Did Right:
✔️ I didn’t go all-in with my margin, which reduced stress.
✔️ When the price stayed around $2000 for too long, I had a bad feeling and lowered my margin usage from 60% to 55%. This helped minimize stress.
✔️ I kept my liquidation price much lower than usual for extra safety.

😱 What I Did Wrong:
❌ There were tensions between the U.S. and Europe, but I didn’t follow the news closely. As a result, I underestimated the market risk a bit.
❌ 40% or 30% margin using can be better.

Now, my position is as shown in the screenshot. My liquidation price is below $1200, so it's quite safe.

💥 What’s Next?
🔹 If the market recovers and I get back into profit, I’ll reduce my position size further.
🔹 If the recovery is weak, I’ll partially close the position at a small loss to be in a stronger position for the following days.
🔹 If necessary, I might add more collateral, but there’s no rush for that option.

Since my risk isn’t too big, I have the luxury to watch the market without panic selling for a long time. This is why I often emphasize low-risk strategies in my previous posts.

Wishing us all success in this new challenge! 😇