The callback range of the cryptocurrency market today has exceeded the psychological defense line of many people. Are you the one who cut your losses?

In last year's article, I reminded that even the bull market in the cryptocurrency market, which occurs every four years, is very bumpy and bumpy. There will often be a 50% callback, or even a halving.

There is nothing impossible in the financial market. The bloodiness of the cryptocurrency market is far more cruel than other financial markets. If we lack awe for the market, we can only swallow the bitter fruit in the end.

Large-scale concentrated liquidation of contracts and liquidation of leverage, and the result of these liquidations is that the bull market has come, which has nothing to do with them.

Many people are lucky and think that as long as the position is large enough, the margin is enough, and the leverage multiple is small, it will be fine. Is this really the case?

Many times, if you don't experience some things yourself, you always think that what others say is a story, and you only know that it is an accident when it happens to you.

When investing in the financial market, we must keep in mind that risk is always the first priority. Can you bear any consequences? If you can't bear it, then don't do it.

Never let your greed exceed your ability. When trading, only after all the risks are removed, the remaining is the profit we get.

As long as we don't panic, don't cut our losses, hold the chips in our hands, and don't hand them over, then it's just a floating loss at the moment. The transaction is not over, the bull market is still there, and the rain will eventually clear up.

Once the chips are handed over, the main intention is achieved, and that's a real loss!

There is no regret medicine for a thousand gold coins.

I believe that many people now can realize that it is more difficult to keep the currency than to be a widow. We earn the money that others can't stand this process. If you can't do it, the result will definitely not belong to you.

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