Why do I not recommend shorting?

In the market, regardless of whether the market is rising or falling, you always have various trading strategies to choose from: going long, taking profits, shorting, closing shorts, or switching between long and short. Experienced traders know that switching between long and short should be ruled out first, as this strategy has a very high cost in the long run. Thus, we are left with only two strategies: going long and taking profits, and shorting and taking profits.

First, we need to understand that holding a long position in spot trading can withstand pullbacks, especially for assets like Bitcoin that continue to reach new highs; as long as you give it enough time, you have room for error. But shorting is different; when the market top has not yet formed, no one can accurately predict where the real top is.

If you really want to accumulate wealth through trading, at the very least, you should learn to respond to shorting situations by going long, even when the market is falling, choosing to buy the dip for a rebound instead of directly shorting. Long-term shorting will shape your mindset, leading you to short every small top when a real trend arrives, and then continuously face stop losses or even liquidation.

The real bullish trend is the key moment for obtaining excess returns. You can't make big money in a sideways market; if you expect to prove yourself through trading in a sideways market, then when the trend truly arrives, you might feel lost.