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Many people who short have a common problem: they run when it drops a little, cut when it rises a little.
A short position at 79,000, they rush to cash out at 77,000.
Make 2,000 points, and they’re as happy as if it’s the New Year.
And then? The market keeps falling to 75,000, 73,000, and they can only regretfully break their own leg.
I never do that. My take profit isn’t 2,000 points, it’s 20,000 points.
My stop loss isn’t a few hundred points, it’s when the structure completely collapses.
Ask me when I’ll close? When Bitcoin drops below 50,000, then we’ll talk.
Before that, no matter who advises me, it’s useless.
#BTC #Bitcoin #ETH #BNB