In the cryptocurrency circle, can you make it back after losing 70%? Listen to the real case below;
Yesterday, a fan friend told me that this year is the second worst year for losses, and the first worst was in 2021.
That year, I lost six figures directly by guarding a copycat coin. That year, love was not smooth, life was boring, and I was desperate. Prices rose rapidly, and everything seemed to be going wrong.
This year, my marriage is not going well, and I was thinking about divorce during the Chinese New Year. Alas, it's getting worse and worse, and I shook my head when I heard it.
His mood is a factor, and there are other factors. If you lose money, the more you want to make it back, the faster you lose.
The biggest losses this year are inscriptions and sats sols.
Each has different losses.
PEPE, I thought it would rise so well in the early stage, and WLD rose so well, so I had to drink some soup anyway. I chose the most famous ARKM, and I didn't study it seriously. I did it directly on 3.2, and I held it for a long time, so I sold it on 2.1.
The second one is ACE, the cost price is 13.7$. I thought it was fine, but it was cut in half again, and it fell sharply again. I always say not to stand under the dangerous wall, and it really hit me.
The third one is ZK, which is a coin with more potential. It is cross-chain, but it actually has no moat. He thought it was going to rise, because he saw a W low, and he kept guarding it. He guarded it for half a month and lost half a month. He sold it slowly, just like in 2021.
I summarized the following three points for him, and he reflected on himself three times a day.
You still can't do it recklessly, you must have principles:
1. Only buy leading coins, not small coins.
2. Always buy coins with an upward trend, don't buy the bottom mentality.
3. Environmental trends are more important than individual coins.
If you feel helpless and confused in trading, and want to learn more about the cryptocurrency circle and get first-hand cutting-edge information, click on the avatar to find me. Like, favorite, forward, comment, and leave a message
