ZEC has been stubbornly holding the 422 level for half a month and finally managed to withstand the pressure, even capturing profits from both the long and short sides 😂. My view is long-term bearish, but my position size is not heavy, and my strategy is to gradually reduce holdings. Afraid to open long positions aggressively at high levels? Then just use half the position size of your short position to open longs. This move can both lower the risk of liquidation and allow you to profit from both sides when the market makers are swinging the price back and forth.
What's the biggest fear when trading futures? Going all-in with full leverage. Especially during phases when market makers are aggressively pumping the price, never lose your cool. After altcoins experience a violent surge, they generally tend to trend downward in the long run—ORDI and CKB are living examples. In the end, this is a psychological battle, and the one who can stay calm wins.
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DefiPlaybook
· 12-03 18:52
That 422 support level is indeed holding up pretty well, but bro, this “eating both sides” strategy seems a bit risky to me... It’s really not that easy to squeeze profits from the market makers' manipulation.
I agree with the logic that after an altcoin surges, it’s bound to pull back. The problem is, who can really tell when it’s a “surge” and when it’s just a rebound? Mind games are one thing, but without data to back it up, it’s meaningless.
Position management is definitely key. Those who went all-in have already been wiped out.
This “splitting positions in half” approach sounds good in theory, but most people still get trapped by their emotions when actually executing, especially during a crazy bull market.
What do you think will happen if it drops below 422?
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RektHunter
· 12-03 18:51
What's two weeks of grinding at 422? I've seen even crazier stuff. The key is still your mindset—those who go all-in are just here to give away their money.
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BlockImposter
· 12-03 18:50
I'm also holding the line at 422, it's honestly exhausting. But to be honest, I should learn from your strategy of hedging with half your position—it’s definitely smarter than going all-in and getting liquidated like I do.
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AlgoAlchemist
· 12-03 18:32
422 is really a perfect spot. The market makers are repeatedly shaking out retail investors to scare them out.
The strategy of taking both sides is pretty good, but you have to be fast. If you're a second late, it reverses.
Those who went all-in with full leverage have been wiped out long ago and couldn't survive until now.
I was trapped in that ORDI move too, learned a painful lesson.
Mindset is the hardest lesson in contracts; if you know how to cut losses, you can survive.
ZEC has been stubbornly holding the 422 level for half a month and finally managed to withstand the pressure, even capturing profits from both the long and short sides 😂. My view is long-term bearish, but my position size is not heavy, and my strategy is to gradually reduce holdings. Afraid to open long positions aggressively at high levels? Then just use half the position size of your short position to open longs. This move can both lower the risk of liquidation and allow you to profit from both sides when the market makers are swinging the price back and forth.
What's the biggest fear when trading futures? Going all-in with full leverage. Especially during phases when market makers are aggressively pumping the price, never lose your cool. After altcoins experience a violent surge, they generally tend to trend downward in the long run—ORDI and CKB are living examples. In the end, this is a psychological battle, and the one who can stay calm wins.