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Someone asked me this morning that Bitcoin pulled up and then dropped back down. Why didn't you close your long position, leader? Let me answer:
1: I closed my Bitcoin position last Saturday; I was trading an altcoin.
2: I still have two altcoin long positions that haven't hit my take profit level, and I haven't closed them. They're still far from my entry points, and I'm still making a profit. Why should I close?
3: The weekly chart closed so well, what's there to run from? I'm still planning to stop the decline and go long again.
I don't understand, why does it drop a little, and some people are fighting for their lives? What's this big battle between bulls and bears? What's this about a big drop? Just remember, a 10k-point drop in a day isn't a big deal. If you can't handle a 10,000-point drop, what are you playing at? 🧶