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$BEAT I’ve lost millions doing short selling over the years, from mainstream coins to altcoins, to gold and silver!
I’ve also made money from short selling for over a year, from $40k to $620k, but what happened? It’s still like burning firewood in a thousand days in one day!
Short selling often makes money, many times the principal multiplies dozens of times, hundreds of times! But every time the ending is a whitewash!
Short selling really makes you look like a fool, whether it’s Bitcoin, Ethereum, BNB, Dogecoin, with market caps of hundreds of billions, hundreds of billions, trillions, they all started from market caps of a few million, tens of millions, and gradually rose to where they are now!
Look at silver, which has nearly quintupled in the past two years, with the biggest dip not exceeding 15%, only starting to retrace after reaching a high point in January!
Look at the Nasdaq Index, which has risen for decades, and those who shorted the Nasdaq over the years are all dead!
Look at gold, which has risen for over 20 years!
The capital market has bubbles, possibly hundreds of times, thousands of times, tens of thousands of times!
In the future, there will definitely be other so-called altcoins, with market caps rising to hundreds of billions, trillions, even replacing Bitcoin, all possible!
Short selling is only once and countless times! Going long makes big money, short selling makes quick money.
Quick money is like taking drugs; once you taste the sweetness, you simply can’t stop!
Finally understanding that A-shares ban short selling to protect retail investors, otherwise there would be daily suicides.