This was my last isolated 2x short on a highly volatile coin.

Whether it’s a highly volatile coin or an altcoin, once it’s at a high price, the odds of making money with an isolated 2x short are very high. If the trade goes against you, just leave it alone—it’ll eventually drop.

The problem is that the risk/reward doesn’t really add up. If you don’t roll over the position, your maximum profit is only 1x the notional position size.

It’s the same trade, but if you go long an altcoin and it pumps 5x, you can make 5x your notional position size. But if you short an altcoin and it drops 99%, you still make less than 1x your notional position size (close to 1x).