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Raza Mir
Raza Mir
$ETH $BTC I also noticed something: many people, when they see Green Hair or others holding hundreds of Ethereum tokens heavily, their first reaction is to think about doing the opposite. To trade against them. They always believe that those with very heavy positions will definitely get liquidated, thinking the market is deliberately targeting their positions. How could that be? Even if Bitcoin and Ethereum have no physical backing, their market caps are there, and their capacity to absorb trades is much larger than we imagine. Is it possible that the market just naturally moves that way, and anyone who is right gets rewarded? And if someone with a heavy position is wrong and gets liquidated, it’s just incidental? The trend doesn’t specifically target any individual. What looks like a large position to us might be just an ant-sized position to them. So when trading, whether going long or short, be firm. Don’t let seeing someone with a heavy position affect your judgment, thinking the market will deliberately liquidate them or something like that. It really won’t! But many people feel that Green Hair, who holds a heavy Ethereum position, basically never got it right. Could it be that he was just wrong from the start, rather than the market deliberately targeting him? I used to think that way too, but now I realize that kind of thinking is really foolish and naive. $ETH

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