Jiang Zhuoer: After Months of Trading, BTC-Standard Profit Reaches 34%, Shorting Mainly Used to Reduce Spot Drawdown

Odaily reports that Jiang Zhuoer, founder of LEBIT Pool, stated that after months of trading, his BTC-standard profit has reached 34%, and his USDT-standard profit has reached 92%, nearly doubling. The key to profitability lies in position sizing, trading, and coin selection.

Jiang Zhuoer stated that he believes the market is still in a bull cycle and by default maintains a full position in ETH spot. Holding spot with a full position over the long term is more important than shorting several times recently. Shorting is mainly used to protect gains after spot prices rise and to reduce drawdowns caused by declines.