Oh, Luna's day was really scary, and I don't know how many people were upset because of it.
People with weak hearts really can't stand this kind of stimulation. They were happy one second, and they cried the next second.
Take Luna for example. If you have 10,000 Luna in your hand, it was worth 1 million U last night, but when you woke up, hey, there were only 700,000 U left. You may still think in your heart that the currency circle has been ups and downs for so many years, and it has only fallen by 30%, and UST has only fallen by 10%, so you sleep peacefully again.
As a result, when you woke up the next day, Luna fell directly to 10,000 U. At this time, you may think in your heart, it has fallen by 99%, how can it fall further? If you don't buy the bottom now, when will you? So you scraped together 200,000 U and bought 200,000 Luna. As a result, you can't sleep at all now, your eyes are wide open, waiting for it to go back up. But you watched the price drop from 1U to 0.1U, then to five decimal places, and finally even the trading platform was removed. In just three days, your 1.2 million Us have shrunk to the point where you can't even afford breakfast.
This is really frustrating.
Moreover, the crypto circle is really different from the traditional financial market. The currency circle is a 24-hour non-stop transaction, there is no limit on the price fluctuation, the capital threshold is frighteningly low, and a lot of people like to play leverage fraud. Those altcoins, the prices go up and down, it's really unpredictable.
Especially those third-, fourth-, and fifth-tier altcoins, which can make you rich overnight or blow up your position, which is a common thing. So, everyone should be careful when playing with leverage, don't think that five times leverage is low, in fact, there are many blow-ups every year. The more you use leverage, the more you risk losing it. If it falls, you can't stop it at all. In the end, there may be a series of liquidations.
However, don't be discouraged. Next, I will give you some tips on how to seize the huge profit opportunities of those altcoins, especially those with potential. Don't bump into it blindly. Now is a good time to make a layout. If you want to make several times more in the bull market, don't miss it. Let's plan the entire bull market together!
