Don't tell me that my short got wrecked before it dropped.
I'm seriously at a loss for words. I was just watching the price action, keeping my eyes glued to the charts as it pumped up. I just can't wrap my head around how we can see this kind of V-shaped reversal on a weekend.
I had a position that was in the green by over $400, but there's nothing I can do when it suddenly spikes like this...
Originally, it was a hedge against my spot holdings. If I take a loss, so be it, but before this happened, I had closed my long positions because I was expecting a downtrend. Then, out of nowhere, it V-reversed and broke past the high, wrecking the structure. Now, I’m stuck holding my spot and looking bullish again. Please, don’t V-reverse on me again; I might just end up getting wrecked here...
Current holdings: $100,000 in spot (25% position size) with no futures open. $BTC
I'm seriously at a loss for words. I was just watching the price action, keeping my eyes glued to the charts as it pumped up. I just can't wrap my head around how we can see this kind of V-shaped reversal on a weekend.
I had a position that was in the green by over $400, but there's nothing I can do when it suddenly spikes like this...
Originally, it was a hedge against my spot holdings. If I take a loss, so be it, but before this happened, I had closed my long positions because I was expecting a downtrend. Then, out of nowhere, it V-reversed and broke past the high, wrecking the structure. Now, I’m stuck holding my spot and looking bullish again. Please, don’t V-reverse on me again; I might just end up getting wrecked here...
Current holdings: $100,000 in spot (25% position size) with no futures open. $BTC