If I hold $10K of ADA or any asset for that matter, and I open an equivalent short position, I lock my profit and loss. In other words, say my initial holdings have lost 30%, my short has simultaneously gained 30%, effectively making my loss zero.
Great strategy. I hope I won't forget about it in the next bear market when I will once again be in accumulation mode.
I am aiming to be more aggressively short in the next bear market, that’s if we ever get out of this one
Do you expect this one to last forever?
LOL, no... 😉 I think it's quite close now... in terms of a bottom.
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