Looking at MYX's trend, many people are reminded of the past frenzy—rising from 0.96 all the way to over 18. Afterwards, stocks like nAIA, COAI, and similar seem to be mimicking its aggressive short-selling tactics, with their patterns becoming increasingly mature. Friends who want to participate in shorting should be more cautious.
The truly safe approach is as follows: before building a short position, first allocate some long positions for hedging. This way, even if the market maker pushes aggressively, your liquidation price can be set higher, preventing a sudden margin call. The key is to control your overall position size and not be overly aggressive just because you see large gains.
Many people fall into this trap—seeing the rapid rise, they think they must short it, but end up getting wiped out. The correct approach is to be patient, waiting for signals like a pin bar or double top indicating weakening momentum, then strategically build short positions. This increases the chances of success.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
5
Repost
Share
Comment
0/400
GhostAddressHunter
· 01-04 10:49
It's the same old trick again. From 0.96 to 18 dollars, I didn't buy in at that time. Now looking at COAI's pace, it's really impressive.
The market makers are getting more and more sophisticated. The shorts are being wiped out instantly, and they still claim it was a misjudgment—laughable.
Hedging long positions is indeed a good move, but I'm just worried about running out of bullets.
Waiting for the double top signal before taking action—easy to say, but hard to do.
In that MYX wave, I saw some people making a fortune, while others were just sleepwalking. It really is just a gamble of luck.
View OriginalReply0
WhaleMistaker
· 01-03 12:53
Another set? MYX's move was really perfect, but now everyone following the short positions has been wiped out.
Wait, hedging the long positions sounds simple, but in reality, you'll still get cut if you try to execute it.
This round of shorting rules feels much harsher than before; we need to be more cautious.
Listen, don't be fooled by the price increase; a double top pattern is the real signal.
From 0.96 to 18, looking back, it's all legendary. Wake up if you still want to replicate it now.
Position control is really important; otherwise, no matter how aggressive you are, it won't help.
View OriginalReply0
¯\_(ツ)_/¯
· 01-03 12:53
Here comes the same old trick to cut leeks, it's just annoying to watch
Short hedging? Sounds really professional, but in reality, it's just getting blown up
That wave of MYX was truly amazing, from 0.96 to 18 dollars, how many people were sleepwalking
Wait, wait, you'll never get that signal, the market makers have already run away
Position control sounds easy, but when you're losing money, who cares about that
Double tops and such, I've never been able to spot them accurately, so I might as well stop shorting altogether
View OriginalReply0
not_your_keys
· 01-03 12:49
Back at it again? The story of an 18x increase has been heard a thousand times, and now they’re talking about hedging...
---
Basically, it’s the casino rules; retail investors are always a step behind.
---
I just want to ask, by the time the signal appears, has it already taken off?
---
Long hedging sounds good, but how to hedge without any coins?
---
The term “sleepwalking” is quite vivid haha.
---
Always talking about controlling position sizes, always going all-in, I get it so well.
---
Double top? Pinning? No matter how many chart patterns you learn, you can’t escape the dealer’s sickle.
View OriginalReply0
CryptoWageSlave
· 01-03 12:37
It's the same old trick again. Watching MYX soar from 0.96 to 18 dollars, now it's nAIA and COAI's turn. The market maker's method of wiping out all positions is getting more and more advanced, really need to be careful.
Shorts definitely need to hedge with longs to prevent a complete blow-up. Otherwise, a single pump can cause a crash. I've seen too many people get wiped out this way.
Waiting for the signals, don't rush to short. Patience is key to surviving longer.
I think the main point is not to let FOMO cloud your judgment. Seeing a rise and trying to reverse trade will 99% get you wiped out.
Looking at MYX's trend, many people are reminded of the past frenzy—rising from 0.96 all the way to over 18. Afterwards, stocks like nAIA, COAI, and similar seem to be mimicking its aggressive short-selling tactics, with their patterns becoming increasingly mature. Friends who want to participate in shorting should be more cautious.
The truly safe approach is as follows: before building a short position, first allocate some long positions for hedging. This way, even if the market maker pushes aggressively, your liquidation price can be set higher, preventing a sudden margin call. The key is to control your overall position size and not be overly aggressive just because you see large gains.
Many people fall into this trap—seeing the rapid rise, they think they must short it, but end up getting wiped out. The correct approach is to be patient, waiting for signals like a pin bar or double top indicating weakening momentum, then strategically build short positions. This increases the chances of success.