In the bull market of 2017, I still remember that a new coin was launched on a certain platform, which soared like a rocket, from 50 cents to 10,000 in one breath. Everyone thought it was a once-in-a-lifetime opportunity, but it fell back to 50 cents in just a few hours. I heard that someone borrowed 1 million to buy at the top, and only a few thousand yuan was left in the end. It was really miserable 😳. This kind of thing always makes me think twice before doing anything.

This time, REEF was even more jaw-dropping. It fell 60% the day before yesterday. Many people thought it was a good time to buy at the bottom, but it fell another 40% yesterday. Many people think this is the bottom, but what is more terrifying is that it may still continue to fall, which makes people think of Luna.

💸

The trend of such altcoins is like Mario's jump. You think you have reached the bottom line, but in fact it can jump lower and lower each time. Newbies must not think that they have stepped on the bottom, but be careful to fall into the bottomless abyss.

However, the more desperate the time is, the more likely it is that a turning point will come. I have already filled my position and waited for a rebound. I expect to touch the position of 0.1 this time