People always ask me: why not short? ETH has fallen so much from its high, isn't shorting just making money while lying down?

To be honest, I have thought about it too. Opening a short order of 100 million dollars at the 12600 position and then lying flat waiting to collect the money—sounds so great.

But I have a flaw: once I set my mind on something, I will stick to it no matter what.
I really like this circle, I super love that kind. Cryptocurrency has changed my life, so I am fundamentally bullish. Maybe in the next cycle, I can learn to juggle both, but right now? I haven't figured it out yet.

I just want to make some living expenses in the field I am good at, and I don't want to step into unfamiliar pits.

Recently, I have been reviewing the market and also getting to know myself again.
Hope everyone doesn't get influenced by those trolls - do what you're good at, we have plenty of time. Wait until the right moment to act according to your own judgment, no need to explain to anyone, and no need to prove anything.

During this period, I reopened my positions, mainly because I noticed that Grayscale and BlackRock have started to take action, plus I'm waiting for some policy-level benefits to kick in. That's why I started working again.

My main account was banned before, so I plan to go all in when it really hits the bottom for the long cycle. Right now, this small account is purely to feel the market rhythm and play around.
I know in my heart: even with just $10,000 in principal, as long as there is enough patience and not getting too emotional, you can still earn a decent return in this market.

In simple terms, trading cryptocurrencies boils down to three things: time, space, and events.
First, set the general direction for this stage, then assess the range of fluctuations for each cryptocurrency, and adjust the position allocation flexibly based on sudden events.
The reasoning is simple, but it is really hard to do.

I lost badly in the last wave, and my body is still hanging on the liquidation leaderboard of a certain exchange, hahaha it's a bit funny but also a painful lesson.

And there's a fatal point: definitely don't get carried away!
The liquidation big shots I've seen all meet the same fate - getting high. Maybe that feeling is just too exhilarating? Looking back to last August, I once gambled seven or eight million dollars worth of ETH, and now that I think about it, if I don't die, who will?

If I judged wrong, then there's nothing more to say, I deserve it!
The market is never wrong; the only thing that is wrong is ourselves.