No wonder dot is not rising

Public positions have gone through two rounds of bull markets, and that's why we are so confident. This wave of altcoin liquidation has seen declines of 20-50%. Whether in spot or futures, profit taking has occurred. 500,000 people have been liquidated, more than on the day of March 12. This shows whether it's BTC being liquidated or not; I believe it’s not. It’s because altcoins are being liquidated. During this period, retail investors can't afford BTC, and it’s not cost-effective, so many retail investors have turned to altcoins, which has led to such a high number of liquidations. Therefore, trading altcoins in a bull market is not a wise choice; holding spot is much safer. Recently, a friend asked me, 'Feige, you've seen a profit drawdown of around 2 million; what do you think?' What can I think? First of all, I think this is a normal correction. No coin can keep rising indefinitely; there will always be a phase of accumulation. These profits will eventually come back. In a bull market, you must not focus on the price; you need to forget about the price. In a bull market, what matters is the cycle. Be patient, hold on, and wait for the cycle to come. Use time to exchange for space, and use space to exchange for cycles. If you need to ask about specific cycles, I will notify you when the time comes; just follow me, and I will keep you informed.