Recently revisited the market records from 2018, and saw that Ethereum was only $290 back then. Suddenly, I remembered that I had shorted and made a little profit at that time. Looking back now, that profit from shorting is just a drop in the bucket; the real big money had already been eaten up by the bulls long ago. Back then, I was too young, standing on the crest of the era's wave, unaware of it all, obsessing over how to buy high and sell low, short-term trading, not realizing I was missing out on the most valuable upward cycle. To be honest, sometimes trading requires not just skills but a sense of direction. Different perspectives mean the amount of money you can make is completely different. Looking back, I realize I was indeed a bit naive back then.
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LiquidationWatcher
· 17h ago
ngl, shorting eth at $290 then watching it 100x is like... the definition of being on the wrong side of history, been there lost that energy fr fr. direction beats technicals every single time, that's just facts. the real money was always in the boring hodl while you're doing your little scalp trades lmao
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digital_archaeologist
· 17h ago
Damn, I was also in that 290 move, but it all turned out to be short-term. Thinking about it now, it was really incredible.
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ProposalManiac
· 17h ago
This is a classic case of incentive misalignment... The short-term trading fees earned from speculative bets are simply insignificant compared to the power of compound interest in long-term holdings. From a mechanism design perspective, this is called failing to understand the rules of the game.
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liquidation_watcher
· 17h ago
The money made from shorting now clearly looks bad. If I had known earlier, I would have gone long.
Recently revisited the market records from 2018, and saw that Ethereum was only $290 back then. Suddenly, I remembered that I had shorted and made a little profit at that time. Looking back now, that profit from shorting is just a drop in the bucket; the real big money had already been eaten up by the bulls long ago. Back then, I was too young, standing on the crest of the era's wave, unaware of it all, obsessing over how to buy high and sell low, short-term trading, not realizing I was missing out on the most valuable upward cycle. To be honest, sometimes trading requires not just skills but a sense of direction. Different perspectives mean the amount of money you can make is completely different. Looking back, I realize I was indeed a bit naive back then.