The current market is like a runaway horse, recreating the frenzy of 2018!
A group of novice investors rushed into the market like moths, expecting to achieve wealth overnight. They blindly followed the trend and bought, believing that the price would rise endlessly, but they did not expect the subsequent plunge to be like a nightmare. In just a few days, they could not bear the pressure of losses and sold their stocks. They turned to try other currencies, but they seemed to be plagued by bad luck, and the newly bought currencies also fell.
As Bitcoin continued to fall, the market suddenly rebounded.
The "experts" on the trading platform and the community shouted: "Hurry up and get on the train, it's about to soar! The goal is to hit the 100,000 mark!" Your heartbeat accelerated, and you impulsively invested everything, even adding contract leverage. However, not long after you bought it, Bitcoin began to fall again. The "experts" explained in the community that this was affected by the Mentougou incident. You followed the guidance of the "experts", but you lost money month by month, began to doubt your life, and angrily scolded the market for being full of fraud.
Disheartened, you decided to quit the cryptocurrency circle. However, after a while, you couldn't hold back your inner impulse and decided to try again, but this time you planned to rely on your own strength. In order to recover your previous losses, you took out loans, cashed out credit cards, borrowed money from relatives and friends, and even used the savings originally prepared for marriage, plus low leverage, to make a big gamble. Fortunately, this time you bet right, not only recovering your previous losses, but also making back the money you lost before.
However, the victory made you feel proud, and you thought your judgment was correct. Instead of choosing to stop in time, you continued to expand your profits, firmly believing that Bitcoin could break through the 150,000 mark! You were obsessed with studying the candlestick chart and couldn't even sleep at night.
Finally one day, you were exhausted and fell asleep. However, in the middle of the night, the phone reminder sounded non-stop, waking you up. It turns out that the price of Bitcoin has plummeted, and you are about to face the crisis of liquidation. Before you log in to the exchange to check the situation, the text message of liquidation hits you like a nightmare.
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