[Jiang Zhuoer: Shorting is used to protect spot gains and reduce drawdowns after price increases; after several months of trading, coin-denominated profits reached 34%] BlockBeats News, September 19, Jiang Zhuoer, founder of the Leibite Mining Pool, stated in a post that after several months of trading, coin-denominated profits have reached 34%, while USD-denominated profits have reached 92%, nearly doubling. The key to profitability lies in position management, trading strategies, and coin selection. Market sentiment must be involved in trading to truly experience it. Currently, we are in a bull market cycle, and my personal default position is holding full spot $ETH. Aside from several recent short trades, the more important strategy is to hold spot positions long-term. Shorting is merely a way to protect spot gains after price increases and reduce drawdowns. [Original link]