In the cryptocurrency world, can you recover from an 80% loss? Listen to the real cases below;
Last month, a fan friend told me that this year is the second worst year for losses, the first worst was in 2021.
That year, holding onto a meme coin, I lost six figures directly, and love was not going well either, life was dull, and I felt like giving up. Prices were rising rapidly, and everything seemed to be going wrong.
This year, marriage is not going well, and during the New Year, I was even thinking about divorce. Sigh, things are getting worse, I shook my head upon hearing this.
There are factors related to mood, as well as other factors. Losing money makes you want to earn it back, but the losses come even faster.
This year, the biggest losses were in inscriptions, SATS, and SOLS.
Each has its own unique loss.
PEPE, initially thinking it would rise so well, WLD rose so well, I thought I could at least benefit a little. So I chose the most famous ARKM, without doing serious research, I went in at 3.2, held it for a long time, and ended up cutting losses at 2.1.
The second one is ACE, with a cost price of 13.7$ , I thought it was fine, but it crashed with a bang and then fell further. I always said not to stand under a dangerous wall, and sure enough, I got hit.
The third one is ZK, which is a relatively promising coin, working on cross-chain technology, but it actually has no significant moat. I thought it was about to rise, because I saw a low W, and kept holding it, held for half a month, lost for half a month, gradually cutting losses, just like in 2021.
I let him first do contracts with me to recover some losses, and if there are good spot targets, I will also notify him to stealthily enter and profit, so far we have recovered about 60%. For friends who are in loss and want to recover, leave a message 111 to get my latest strategies and detailed points!
Later, I summarized the following three points for him, to encourage him to reflect daily.
Still cannot act recklessly, must have principles:
1. Only buy leading coins, do not buy small coins.
2. Always only buy coins with an upward trend, do not have a bottom-fishing mentality.
3. The environmental trend is more important than individual coins.
