Why are you shorting $SPCX ?


I thought 165 was a good low buy—bought with 30,000 USDT.
It dropped to 130, and I got stopped out—I couldn’t hold it. I thought it was the bottom and that it would pump.
Then I saw SPCX go from 130 to 120, and from 120 to 110.
I still have half of my SPCX left, so I can only hold it long-term.
But in the short term, why am I still continuing to short #spacex ?
If even the spot can drop like some cheap knockoff, there’s no hope.
And also, Musk even shorts it behind the scenes.
Why do you still believe it can go up?
SPCX-2.69%
View Original
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.
  • Reward
  • 10
  • Repost
  • Share
Comment
Add a comment
Add a comment
CloseOutSniper
· 5h ago
Bro, you’ve clearly got the “trapped with a lingering shadow” effect—but how reliable is that news about Musk going short? Don’t let yourself get pulled into another round of hype.
View OriginalReply0
StochasticSurfer
· 16h ago
Holding long term? Don’t fool yourself—this project’s fundamentals are basically bad. Continue going short; that’s the right move instead.
View OriginalReply0
TreasuryGuy
· 07-23 15:56
Are you planning to stubbornly hold on to it with the rest of your position until it bottoms out, or wait for a rebound to exit? I suggest you just cut your losses.
View OriginalReply0
ShibaWatcher
· 07-23 15:33
After reading your experience, it feels like SPCX is the market maker harvesting people, and going short right now is purely self-rescue.
View OriginalReply0
LiquidityLover
· 07-23 15:30
Bro, you paid $30,000 tuition—don’t trust those low prices blindly next time. If the trend isn’t right, just run.
View OriginalReply0
PhishLinkMuseum
· 07-23 15:20
I agree with the short, but I have to be careful about a rebound—after all, when it has dropped so much, shorts covering can also pump the price.
View OriginalReply0
TurnoverDetective
· 07-23 15:19
Don’t trust Musk as much as you trust yourself. If he can run shorts, you can too—but manage your position well and don’t get blown out (liquidated).
View OriginalReply0
FundingRateCatcher
· 07-23 15:13
Is Musk secretly shorting (assets) in private? Where’s the evidence? He hasn’t even tweeted it—don’t scare yourself.
View OriginalReply0
SandboxTester
· 07-23 15:13
You went from 130 down to 110—that execution is just too poor. If the slot is a “skip,” then skip it—don’t hesitate.
View OriginalReply0
FlashBot
· 07-23 15:13
It’s fine to stay emptyheaded in the short term, but don’t add leverage. If spot can fall like this, futures and contracts are even more dangerous.
View OriginalReply0
View More
  • Pinned