Recently followed the market of BEAT, and it is indeed quite amazing. It has risen all the way from the bottom, and now the market capitalization has exceeded 700 million, with a rise of over 8 times. Since it was listed on the Korean exchange, its popularity has never dropped.
The rapid pump of this cryptocurrency will also face significant adjustment pressure later on. The higher the market participation, the greater the impact of a single sell-off. I opened a small short position to test the waters, but my friend's short position has already been liquidated—this is the risk of shorting after a price rise.
The short position is now starting to incur losses, and I'm still holding on, hoping to withstand until a correction occurs. To be honest, in this rapidly rising market, it's difficult to operate regardless of being long or short. The market is so volatile that relying solely on predictions can easily lead to losses. I guess this time it's a lesson learned.
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MentalWealthHarvester
· 2025-12-24 11:12
Short positions explode haha, this is the price of a gambler's mentality
Chasing highs and shorting is indeed suicidal. Want to buy the dip after an 8x increase? Wake up
Even Wei Shen said, those who buy at high levels are 🐶, you're actively jumping in
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ThesisInvestor
· 2025-12-24 06:36
The short position exploded, and you're still holding on. This is the cost of greed.
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Web3Educator
· 2025-12-22 11:52
tbh beat's been wild but shorting parabolic moves is basically asking to get liquidated. let me break this down for my students: momentum trading against the trend = a masterclass in losing money lol
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Frontrunner
· 2025-12-22 11:51
Did the short order get liquidated? Haha, this is the joy of the crypto world.
Chasing the price and shorting is really playing with fire, BEAT's wave is too fierce to stop.
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StakoorNeverSleeps
· 2025-12-22 11:48
Chasing a short position after an 8-fold rise, isn't that just asking for trouble?
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DAOdreamer
· 2025-12-22 11:28
Ha, this is my recent portrayal, my short order has been pumped to the point of despair.
Recently followed the market of BEAT, and it is indeed quite amazing. It has risen all the way from the bottom, and now the market capitalization has exceeded 700 million, with a rise of over 8 times. Since it was listed on the Korean exchange, its popularity has never dropped.
The rapid pump of this cryptocurrency will also face significant adjustment pressure later on. The higher the market participation, the greater the impact of a single sell-off. I opened a small short position to test the waters, but my friend's short position has already been liquidated—this is the risk of shorting after a price rise.
The short position is now starting to incur losses, and I'm still holding on, hoping to withstand until a correction occurs. To be honest, in this rapidly rising market, it's difficult to operate regardless of being long or short. The market is so volatile that relying solely on predictions can easily lead to losses. I guess this time it's a lesson learned.