In the current market volatility, many traders tend to fall into a deadly misconception.



Remember this: never short when the price is near the bottom, and never go long when it’s near the top. It sounds simple, but many people's margins are eroded in this way.

Taking recent market conditions as an example, mainstream assets like Ethereum, Ripple, and Binance Coin have been oscillating repeatedly in the 2000-5000 price range. You think you've identified the right direction, but in fact, the market is luring you into stopping out. Shorting at the bottom? Before you break even, a rebound will wash you out. Going long at the top? It seems like a breakout, but suddenly there's a flash crash.

Events like non-farm payroll data tend to amplify market volatility. During such moments, greed that lacks restraint is often the beginning of account shrinkage. Instead of chasing perfect bottoms and tops, it’s better to protect your principal and wait for clearer signals.
ETH4,81%
XRP2,17%
BNB2,36%
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SchrödingersNodevip
· 01-13 05:44
Shorting at the bottom? Sister, I got washed out directly. Now I see 2000 and it’s a reflex.
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SandwichTradervip
· 01-11 13:50
Another old cliché: "Don't short at the bottom"... It's easy to say, but when that moment really comes, who the hell can hold back?
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down_only_larryvip
· 01-11 13:49
Shorting at the bottom is really a dead end. How many people have endured the pressure of stop-loss only to be washed out in the end? A bloody lesson.
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GasFeeNightmarevip
· 01-11 13:39
That's so true. Shorting at the bottom and going long at the top is indeed a meat grinder. That's how I lost my margin. Really, during non-farm payroll releases, it's easier to get liquidated. Greed for just two seconds can wipe out your account. Protecting the principal is the most important thing, more than any perfect bottom-fishing.
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PositionPhobiavip
· 01-11 13:34
Here comes the same old trick of trapping and pushing, talking casually. Who doesn't want to buy the dip during a bottom rebound? The key is to determine where the bottom actually is.
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