2024/12/22 Supplementary Views
Those who are stuck in spot positions, don't rush to cut losses; at this time, cutting really has the probability of being at a relatively low point. The holiday effect is normal, and we have already passed several holidays, and it has always been like this each time. Don't panic, Halloween and Thanksgiving were like this. Christmas will be the same.
If you want to reduce your spot positions or cut losses, it's best to wait until 2-3 days after Christmas before considering it.
Otherwise, you might incur additional losses.
For coins that support currency-based pricing, there's even less reason to panic. Just do nothing for now and let it drop; when it reaches a suitable point and the slope line recovers to a positive slope, and the trend becomes clear, you can enter with 1x based on your currency position. You will only need half of the increase to recover your losses.
Don’t shout for people to go long at the top of the mountain without acknowledging the risks, and then shout to cut losses when it drops. If you do that, you are not a key opinion leader (KOL); you are a harm-doer.
Don’t say things like this is a bear in bull's clothing, or that the bull market has ended. If you truly believe that, you should have said it in advance, not after it has dropped, and definitely not now. I was scolded for months for predicting a pullback at the end of the fourth quarter. Did I say anything else?
If you say going long always brings tears of joy, I hope you genuinely wish for the industry to thrive, rather than shedding tears because you are stuck, or because of short-term speculation that happened to be lucky.
Since you are looking at the stars and the sea, why worry about the current pullback?
Don’t panic, don’t panic, don’t panic. Even if it’s spot positions that don’t support currency-based pricing, you can slowly recover through reverse trading.
The more this kind of situation arises, the more you need to stay calm. Ignore those who spread panic.
Those who shout for increases when prices rise and shout for decreases when prices fall are not true industry practitioners and do not love this industry. They are merely speculators who create hype through sensational statements to take some money from your pocket. If what they said was correct, there would not have been this drop. After all, a week ago, they were still firmly looking for new highs and desperately trying to FOMO people into buying spot positions at high levels.
Now, the time to test faith has arrived, friends.
Do you believe in the light?