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Today at lunch, my dad said the coin fell again. I said it’s okay, I’m shorting, the more it falls, the more I earn. He said he bought hundreds of thousands of coins yesterday...
My heart suddenly ached and felt cold. I asked him, "Didn't I tell you a few days ago that there would be a big fall? Why did you buy again?" He said he saw that it had fallen quite a bit yesterday and wanted to take advantage of a rebound.
Poor him, he doesn't even understand what cycles or levels are, how much of a rebound is he expecting? Was there a 5-minute level rebound yesterday, did he understand it? If he did, then he would be losing money.
Upon further questioning, he said he lost 40,000 today. From when he entered this market a few years ago until now, he has lost 200,000, and today he lost another 40,000.
In October, I told him: "By then, you should sell all your coins, even if you have to sell at a loss." At that time, he had lost about 100,000, and I asked him to leave me 5,000 yuan, saying: "The bear market is here, you should keep some funds. When an opportunity arises in a year or two, I'll let you know. This 5,000, I will manage it, and I can help you recover your losses." Over 5,000 yuan, 753U.
But today, his behavior made my heart ache. He keeps saying that he doesn't care, but I do.
I have 753U, trading one transaction at a time......
Yesterday I also told him that I had a short position take profit of over 100 U......
Holding positions and looking at the trade, I am speechless.