The whales took a hit, but my followers collectively bagged some gains this time. We all set up a $2000 hedge, going short on BTC and ETH as both coins dipped in sync. My followers' accounts shot up to $12000, and after a good night's sleep, our unrealized profits nearly touched $13000. Just before the market closed last night, I kept reminding everyone in the group to watch out for a violent overnight rebound washout, but unexpectedly, the next day the charts kept showing a steady downtrend. Both major coins weakened simultaneously, and our double shorts paid off handsomely, doubling our returns.
BTC 100x short position saw unrealized profits of $7585.26, with a yield of 409.25%; ETH 20x short position had unrealized profits of $5148.13, skyrocketing to an impressive 3279.99%. Combined, the unrealized profits surpassed $12700, which is quite a remarkable return compared to the initial capital. Just a day prior, the market was all bullish, with everyone shouting about the continuation of a bull market and buying the dip. Now, the market has harshly educated those who went long against the trend. Retail traders keep averaging down, desperately asking for ways to break even on their longs, while we comfortably profit from our short positions.
Many followers saw profits on the books and wanted to take early profits, but I kept reassuring them to hold their positions. Each time folks thought the dip was over, the market would continue to push lower. Most people in the crypto space are swayed by emotions; they self-proclaim as long-term players during rallies and panic sell during drops. Real substantial profits only emerge during market panic phases. This wave of movement also proves that with the right direction and steadfast positions, profits will keep multiplying, so there's no need to stress over short-term candlestick fluctuations. Right now, I'm not worried about losses; my only concern is that the whales might drop the price too quickly, gobbling up all the short profits.
$RE $BTC $ETH
#比特币连跌4日STRC跌破面值 #XRP下跌5%至1.12美元 #以色列真主党停火协议达成 #美伊瑞士会谈推迟 #伊朗封锁解除油流激增
BTC 100x short position saw unrealized profits of $7585.26, with a yield of 409.25%; ETH 20x short position had unrealized profits of $5148.13, skyrocketing to an impressive 3279.99%. Combined, the unrealized profits surpassed $12700, which is quite a remarkable return compared to the initial capital. Just a day prior, the market was all bullish, with everyone shouting about the continuation of a bull market and buying the dip. Now, the market has harshly educated those who went long against the trend. Retail traders keep averaging down, desperately asking for ways to break even on their longs, while we comfortably profit from our short positions.
Many followers saw profits on the books and wanted to take early profits, but I kept reassuring them to hold their positions. Each time folks thought the dip was over, the market would continue to push lower. Most people in the crypto space are swayed by emotions; they self-proclaim as long-term players during rallies and panic sell during drops. Real substantial profits only emerge during market panic phases. This wave of movement also proves that with the right direction and steadfast positions, profits will keep multiplying, so there's no need to stress over short-term candlestick fluctuations. Right now, I'm not worried about losses; my only concern is that the whales might drop the price too quickly, gobbling up all the short profits.
$RE $BTC $ETH
#比特币连跌4日STRC跌破面值 #XRP下跌5%至1.12美元 #以色列真主党停火协议达成 #美伊瑞士会谈推迟 #伊朗封锁解除油流激增