Generally, if it exceeds 500 points and cannot be recovered, I will cut my losses.

Yesterday's funds were 14.2
Today's funds were 2.2
A liquidation of 120,000 yuan. I predicted a sharp drop the day before yesterday, so I went short. As a result, Bitcoin exploded, which dispelled my prediction. I was blindly long and even pulled the stop loss. I just thought it was a correction and I could resist it. As a result, it plummeted today. I will see God!
People must believe in their own judgment and do what they think is right to make money, otherwise their lives will be a complete failure. It was wise to stop the short position the night before yesterday because Bitcoin exploded to 102xxx, but it was a bit unbelievable that I didn't go short but went long at the peak. I forgot my prediction and needed time to brew.