The ups and downs of the cryptocurrency market are terrifying!!!
Take Luna for example, you have 10,000 coins, and after a night’s sleep, your 1 million U coins turn into 700,000 U coins. You think it’s only retreated by 30%, so you sleep again, and when you wake up, you only have 10,000 U coins left! You still buy at the bottom when it drops by 99%, but your assets become breakfast money, and you completely collapse!
Like the cdc consumer chain, you keep replenishing your positions, and the team has all run away, and you become the biggest dealer! The cryptocurrency market is very different from the traditional financial market! 24/7, no price limits, low entry barriers, many people abuse leverage, and the rise and fall of altcoins are unpredictable!
At 3, 4, and 5 o’clock, it’s normal to get rich overnight and blow up overnight! Use leverage with caution. You think 5 times is low, but it’s common to fluctuate by more than 20% a day. The more it falls, the more you can’t stop it, and the positions will be blown up one after another!
In this bear market, ETH has reached more than 800, isn’t it just that someone is dumping the market to get a bargain!
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