People fail not because they lose money in currency speculation, but because they lack wisdom. Don’t believe it! As early as May to June, I pointed out that this wave of decline will continue until the end of October or November, but there will be rebounds at different levels during the period, especially in September there will be a rebound opportunity for altcoins. . However, some people took it out of context and questioned why they were still buying at the bottom when they clearly predicted it would fall.
Those who bought the dip too early or traded with leverage may now be in trouble and complaining. As for which sectors are worth paying attention to, I have clearly pointed out the rotation rhythm in the later period as early as June, especially in the past few days, I also reminded the short-term key layout of currencies, but some people want to go against the trend.
Gambling has always been cruel and ruthless. Those who can survive a major crisis are those who are debt-free or who clear their debt leverage in a timely manner. The process of crisis relief is also the process of debt settlement. This process must be bloody and the price must be cruel. In this game, there is no win-win situation at all. The final result must be that the weak will be eliminated and the strong will survive.
The higher the leverage ratio, the heavier the debt, the weaker the ability to resist risks, the greater the probability of becoming a victim, and the slimmer the hope of survival. To escape from a difficult situation, sometimes you have to give up something. Survival is the last word. In the current market conditions, the banker's intention is very obvious, which is to drive most investors off the bus. Whether it is spot or leveraged trading, the purpose is to make you completely desperate, and then create a wave of violent wealth effects, attracting More investors enter the market for a new round of harvesting.