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The biggest opportunity in this wave of crash should be Doge, and I will enter here!
Doge has pulled back from 0.48 to 0.34, a 30% decline, and the coin price has already consolidated sufficiently. The next support is around 0.25. I think this is an opportunity because a month later, Musk is going to take over the White House, and there is an 80% chance that Doge will surge.
Additionally, I want to take a jab at Powell here. This old guy really has nothing better to do. He said he does not support Bitcoin, causing a huge disturbance, which forced us to stop-loss our Ethereum longs. I haven't tasted a stop-loss in a long time, so thank you very much!
As it stands, ETH still has a lot of buy orders, and the support is very strong. Therefore, I will buy some ETH on the dips. Of course, I definitely can't use high leverage for left-side bottom fishing; just using a safe 2x leverage is fine. With 2x leverage, a 50% drop would lead to liquidation, but ETH won't drop to 1600, so there is no risk. However, the return is X2. My long-term position in ETH will be firmly held until the Prague upgrade in March next year. No one can shake my faith.
Shu Qin entered the crypto space in 2017 and has seen all kinds of storms. A doubling of ETH is really nothing when it pulls back 10%-20%. If you are anxious and can't sleep well, maybe you should check if your leverage is too high?
I still tell newcomers the same thing: earn as much money as your principal allows. Don't be greedy for multiples just because your principal is small; it is easier to go to zero.
Doge has pulled back from 0.48 to 0.34, a 30% decline, and the coin price has already consolidated sufficiently. The next support is around 0.25. I think this is an opportunity because a month later, Musk is going to take over the White House, and there is an 80% chance that Doge will surge.
Additionally, I want to take a jab at Powell here. This old guy really has nothing better to do. He said he does not support Bitcoin, causing a huge disturbance, which forced us to stop-loss our Ethereum longs. I haven't tasted a stop-loss in a long time, so thank you very much!
As it stands, ETH still has a lot of buy orders, and the support is very strong. Therefore, I will buy some ETH on the dips. Of course, I definitely can't use high leverage for left-side bottom fishing; just using a safe 2x leverage is fine. With 2x leverage, a 50% drop would lead to liquidation, but ETH won't drop to 1600, so there is no risk. However, the return is X2. My long-term position in ETH will be firmly held until the Prague upgrade in March next year. No one can shake my faith.
Shu Qin entered the crypto space in 2017 and has seen all kinds of storms. A doubling of ETH is really nothing when it pulls back 10%-20%. If you are anxious and can't sleep well, maybe you should check if your leverage is too high?
I still tell newcomers the same thing: earn as much money as your principal allows. Don't be greedy for multiples just because your principal is small; it is easier to go to zero.
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