I'm done for, I'm shorting both of the LUNC brothers, and now they're both skyrocketing. What should I do? Am I going to have to watch my account get liquidated again? If I can't hold on this time, it's really going to blow up right here. Has anyone else been in this situation? Any advice? Is it still possible to add to my position now?
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.
22 Likes
Reward
22
13
Repost
Share
Comment
0/400
probably_nothing_anon
· 12-09 15:24
Short positions getting hit hard in the opposite direction—this is just everyday life in the crypto world. Why bother averaging down? Stop-loss is the way to go.
View OriginalReply0
TradFiRefugee
· 12-09 11:48
The short position got smashed, that's just fate. Accept the loss, brother.
View OriginalReply0
OneBlockAtATime
· 12-08 18:15
Bro, this is pure suicide-level operation. Adding to your position now is just pouring fuel on the fire.
View OriginalReply0
WalletDivorcer
· 12-07 02:27
The bears got wrecked here, haha, this is killing me.
View OriginalReply0
FUDwatcher
· 12-06 16:46
Bro, this is called a gambler's mentality. Stubbornly holding onto a short position will only make things worse.
View OriginalReply0
LiquiditySurfer
· 12-06 16:43
Ha, that's the price of surfing. When the wave comes, you always want to ride on the crest, but you end up wiping out, right?
View OriginalReply0
LayerHopper
· 12-06 16:40
Your short position is stuck so badly, bro I advise you not to add more. The more you add, the worse it gets.
View OriginalReply0
MissedTheBoat
· 12-06 16:39
Bro, that's just fate. It happens to me a lot too.
View OriginalReply0
NoPardon
· 12-06 16:25
The best approach is to set up a long position around 708 with a stop loss at 698. The volatility is too high, and 7089 is the support level—if it breaks, get out immediately. This range is very speculative, so set your liquidation point at 7089. As long as 7089 holds, stay long and look at 83.
View OriginalReply0
View More
K七交易之路
· 12-06 16:24
Stop loss and run. I'd rather stay in cash this round than go short. Big players are backing the neighboring exchange's burn; with just these two factors, you can't go short. As for the Zhiyu community's burn, it's useless.
I'm done for, I'm shorting both of the LUNC brothers, and now they're both skyrocketing. What should I do? Am I going to have to watch my account get liquidated again? If I can't hold on this time, it's really going to blow up right here. Has anyone else been in this situation? Any advice? Is it still possible to add to my position now?