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Recently, I discussed a common topic with several traders—whether making money through shorting or going long.
On the surface, shorting indeed has its advantages. Once BTC enters a correction phase, altcoins tend to plunge along, and profits from short positions seem to come faster. The thrill of quickly stop-loss and close positions is much more satisfying than the agony of waiting for a rebound or rally.
But interestingly, many seasoned traders around me, even when they are bearish on the market, rarely actually open short positions. Their usual approach is to stay flat, wait patiently, and hold their coins—purely going long and not shorting.
The reason isn't complicated— from a cyclical perspective, there's no ceiling for prices to go up, but eventually, they will bottom out on the downside. Over a longer timeframe, those who go long tend to laugh last. This isn't a mindset issue, but a probability one.
So, how do you usually handle such situations? Do you frequently switch strategies, or stick to a single style? I’d love to hear everyone’s actual trading approaches.