Many people asked me if my SUI exploded.
Let me follow up and tell you about my next plan.
I controlled the liquidation position at 2.67
As I said before, if it reaches above 1, I will stop loss.
So when it reached 0.88, some people said it was blown up.
This doesn't exist for me.
But it is normal to feel emotional when seeing the floating loss (I would feel that too)
But back to the strategy, we should be rational and firm in strategy
0.85 Continue to increase short positions
If it can still reach 0.95, I may continue to increase my position and sell
After all, the next wave of SUI unlocking will be on July 3rd.
I will close some positions after unlocking on July 3rd
Because mainly because, on July 3rd, some
These are used directly to pay for the cost of leverage.
This is equivalent to me cashing out in advance.
So I often meet people asking me if Sui can take
My answer is:
To me, it is neither suitable for short-term nor long-term investment.
Once the short-term trend goes up, it is highly likely that it will not reach the previous high, because if it does, it will be smashed.
What about downward? There are infinite possibilities, and the lowest possible value is almost within 0.3
Then I'll take a gamble, isn't this profit and loss ratio inappropriate?
What about the long term? You have to unlock every month, and there are still more than 90% to unlock. How do you play?
Any position you buy may be higher than that 90%
So for me, short-term and long-term investment are not applicable to it.
Then move on to other prey.
What do you think? #sui
