Friendly reminder: You can exit near the BTC open-short position price; if you’re aggressive, use a stop-loss.

BTC-0.34%
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YieldGuardian
· 14h ago
My own strategy is to wait a bit longer—I feel it could drop one more wave, but setting a stop-loss is definitely prudent.
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PocketAlphaPia
· 14h ago
Does it mean short positions can now be closed? Then about how much is the target price?
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OscillatorBeliever
· 15h ago
This is a pretty fair reminder: the market has been bouncing around lately, and if you hold short positions too long, you’re likely to get stopped out. Better to get out first and check which way things are going.
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ShibaSleuth
· 16h ago
Thanks for the reminder! I was right around my cost basis, so I promptly sold it. I didn’t make a profit, but I also didn’t lose—so I’m calling it a day and settling for what I have.
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CrossChainHiker
· 16h ago
Bro, you’re right. These days BTC has been constantly ranging—closing the shorts near the entry price definitely means you take much less of a loss. If you’re more aggressive, you can use a tight stop-loss and take a shot too, but don’t get greedy.
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