Will the rise and fall of the cryptocurrency circle really scare people to death?
Yes,
Take the most classic example of Luna. You have 10,000 Luna. When you went to bed yesterday, it was worth 1 million U. When you woke up, it became 700,000 U. You said that I have been in the cryptocurrency circle for so long, and it only retreated by 30%, and ust only decoupled by 10%. I believe in DoKwon, so I went to bed again. The next day, I woke up and it became 10,000 U. At this time, you think that it has fallen by 99%, and it should have fallen to the bottom. I will buy it now and it will rise to 10 U, which is ten times. So you sell your pot and get 200,000 U to buy 200,000 Luna. At this time, you can't sleep. You keep staring at it and hope it will rise back, but you can only watch the price go from 1 to 0.1 and then to 0.000001 and finally be delisted. In the end, in three days, your 1.2 million U assets have shrunk to the money for a breakfast. You are completely collapsed.
In addition to Luna, the cryptocurrency market is very different from the traditional financial market.
1. It is open 24/7.
2. There is no price limit.
3. The entry threshold is extremely low.
4. There are many people who abuse leverage.
5. The rise and fall of altcoins are limitless.
Especially the third, fourth and fifth points combined, it is normal to get rich overnight and blow up overnight. Be careful with leverage, everyone. You think your five times leverage is already very low, but you don’t know that there are days every year when the fluctuation exceeds 20%. Because of leverage, the more it falls, the more it cannot stop, and finally leads to a series of blow-ups.
I am preparing to lay out some potential spot in the near future.
Those who like spot contracts can follow me to see the strength.
Click on my avatar,
Follow, more information on the homepage, and share strategies!
I need fans, you need references, it’s better to pay attention than to guess!
#BTC走势分析 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #VanEck提交首个SolanaETF #美国5月核心PCE物价指数年率增幅创2021年3月以来新低
