Challenge to turn 10,000 U into 2,000,000 U on Day 125
Total Balance: 475,002.48 U
There should be a lot of liquidations this week, right? During a bull market, big drops and rises are common; continuous wash trading and inducing shorts are necessary to create higher value. Don't overthink today and miss out on big trends tomorrow. The reason I can make money is simple: in a bull market, I only go long. If I get stuck, I just hold on and never cut losses. As long as I can ensure I won't be liquidated, I'm willing to hold for as long as it takes. If I get stuck in a short position, I will consider cutting losses. Regardless of how stuck a long position gets, it still has a bottom, while short positions have no upper limit. This week, my maximum unrealized loss was 100,000 U, but I was never afraid. After adding to my position the day before yesterday, I exited today with all profits. During a bull market, don't be afraid to be stuck in long positions; the higher the position, the more you need to control your position size. If you are stuck, either find a way to break even or reduce your position size by half at the cost price to stabilize performance. From September until now, friends who have been following the trades have basically multiplied their capital by 2-5 times, consistently going long and never cutting losses. There are also some people who haven't even entered the market yet asking where the stop-loss price is; I really find it hard to understand. These people should not come to me and waste my time. Currently, the market is quite volatile, and giving you a stop-loss price might even trigger it. Once triggered, it will return to your opening price, and when you turn profitable, you will regret it; there are too many such situations. All we can do is keep our positions small. You must adjust your position based on the liquidation price to minimize risk and maximize profit. That's all for today; the new year is approaching, so I wish everyone to earn more U. #BTC重返10万 #加密市场反弹 #XRP逆势反弹 #美联储12月降息预期上升 #BTC投资案未获微软股东同意