Brothers, recently I talked with a young guy @BitcoinRandy about the cryptocurrency market. The understanding of the post-00s generation is really high. He often does live streams with me. As a veteran in the crypto space for five years, I have truly taken trading as a way of life and gained many insights from it. Let me introduce @比特币兰迪 , who has also experienced a major cycle of bear to bull and bull to bear. He is currently trading full-time and has a good grasp of the market, able to catch trending cryptocurrencies. His previous insights were quite impressive. Follow him, as he will also start live streaming soon to help you avoid pitfalls during the bull market.

Good evening, everyone. Let me tell you about my recent thoughts. Today the market is still falling, which is even more severe than the last wave of decline in October. I remember the last October very clearly because I was also trapped and had been carrying orders. The speed of the market decline this time is really too fast and it cannot be stopped at all. This wave of market adjustment is also quite fierce. Powell’s words have opened the way and cleaned up the retail investors.

I have been telling you to invest in mainstream coins. Compared with altcoins, mainstream coins have fallen by 20 to 30 points, while altcoins have fallen by one or two times. Not to mention contracts, even spot coins can't bear it. Those who have full positions in altcoins have to withdraw about 70%. How can we do this? The risk in this market is too high. We must always pay attention to risk control. The fourth wave of rise is coming soon. Try not to fall before dawn. Now Ethereum and Bitcoin are all falling in large volume, and they have been falling all the time. There is no sign of rebound at all. I suggest that you can start to receive Bitcoin when it reaches about 90,000. Those who have positions should start to invest regularly. Now no matter what coin, the price is very attractive.

Another important thing is that everyone must know how to cash out after making money. If you don't cash out, no matter you have tens of thousands or hundreds of thousands of U in the exchange, it is not your money. Today, a friend called me, a friend in real life, and told me that his position was liquidated. He started to trade contracts with more than 1,000 U, and played for about three months, and made 20,000 U. Today, it was all liquidated. What I mean is that you must cash out after making money, and cash out a large part of it. Even if your position is liquidated, you still have a chance to make a comeback, okay?