Holding a short position on $BEAT, the unrealized profit is now $200,000. To be honest, I think I handled this move pretty well.
When I opened this short, the market was extremely hot, with all kinds of positive news bombarding the scene, and the coin price was surging upward. Everyone around was chasing longs, and the sentiment was extremely high. I, on the other hand, felt something was off.
It looked like a fierce rally, but I always felt this upward trend was somewhat虚. I judged that it would eventually pull back, so I decided to open a short position in the opposite direction. At the time, I was ridiculed by many, saying I was going against the trend to get myself killed.
And what happened? The market quickly confirmed my judgment. The coin price plummeted like falling off a cliff, and my short position was as solid as a fortress, steadily making profits, with unrealized gains climbing all the way up. Now, this $200,000 is the reward for sticking to my strategy.
The biggest risk in trading is following the crowd blindly. The market creates opportunities every day, but it also sets traps. You need to have your own judgment, your own strategy, and stick to it stubbornly. Volatility is normal, but as long as the direction is correct, time will be your friend. Only with a broad vision can you truly earn real money in the market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
9
Repost
Share
Comment
0/400
GasFeeNightmare
· 9h ago
Going short in this wave was truly impressive. When so many people were shouting bullish, I still dared to turn around and short. How strong must your mindset be? A floating profit of $200,000 is no small number. The key is, how are those who mocked me doing now? Haha.
View OriginalReply0
AirdropHunter007
· 21h ago
Making 200,000 against the trend like this is quite impressive. Respect for this level of determination.
View OriginalReply0
SchrodingersFOMO
· 12-26 15:50
Making 200,000 against the trend—what mindset level do you need to cultivate to achieve that?
View OriginalReply0
NeverPresent
· 12-26 15:44
Hmm... It looks like a good profit, but if such articles are published, the next wave might reverse, haha.
View OriginalReply0
MrRightClick
· 12-26 15:37
Hey, wait a minute, this wave is really a fake rally. I saw it coming a long time ago, but I didn't dare to act. Damn it.
View OriginalReply0
GhostInTheChain
· 12-26 15:34
Really? The most satisfying thing about this reverse operation is that after being criticized, you can still make a huge profit, directly slapping the face of those chasing the rise with 200,000 USD.
The polite way to say it is that you have good judgment; the less polite way is that you just guessed the right direction. The market is just that realistic.
But this round was indeed well-controlled. The key is to have a strong mindset—being able to hold on when others chop your position—that's true skill.
Compared to those FOMO chasing highs, the joy of our reverse sniping is worth it.
It's really just luck plus strategy. Whether I can make another 200,000 next time is hard to say...
At moments like this, it's best to stay low-key—don't let people remember you for a moment and then slap you in the face again.
View OriginalReply0
SelfCustodyIssues
· 12-26 15:31
The selling point is right here. Take profits when it's good and don't be greedy. I only understand after being trapped.
View OriginalReply0
MemeCurator
· 12-26 15:28
The group of people who bought the dip in the void must be freaking out now, haha
View OriginalReply0
FudVaccinator
· 12-26 15:25
Reverse thinking indeed makes money, but the 200,000 floating profit hasn't been realized yet, so don't celebrate too early.
To be honest, I didn't see BEAT this time as clearly as you did. I was also carried away by the hype at the time... That's why so many people lost.
But I want to ask when you plan to reduce your position, or do you intend to hold until liquidation?
I deeply understand the part about being mocked. Every time I make a contrarian move, I'm criticized in the group, and when I'm right, no one admits it.
This time I did see the right direction, but the market can reverse as quickly as it crashes, making it hard to defend against.
Holding a short position on $BEAT, the unrealized profit is now $200,000. To be honest, I think I handled this move pretty well.
When I opened this short, the market was extremely hot, with all kinds of positive news bombarding the scene, and the coin price was surging upward. Everyone around was chasing longs, and the sentiment was extremely high. I, on the other hand, felt something was off.
It looked like a fierce rally, but I always felt this upward trend was somewhat虚. I judged that it would eventually pull back, so I decided to open a short position in the opposite direction. At the time, I was ridiculed by many, saying I was going against the trend to get myself killed.
And what happened? The market quickly confirmed my judgment. The coin price plummeted like falling off a cliff, and my short position was as solid as a fortress, steadily making profits, with unrealized gains climbing all the way up. Now, this $200,000 is the reward for sticking to my strategy.
The biggest risk in trading is following the crowd blindly. The market creates opportunities every day, but it also sets traps. You need to have your own judgment, your own strategy, and stick to it stubbornly. Volatility is normal, but as long as the direction is correct, time will be your friend. Only with a broad vision can you truly earn real money in the market.