Last night, I received a private message from a local friend. He was in a heavy mood, full of regret and fear. When he first entered the cryptocurrency circle, I reminded him not to take risks in borrowing and investing, but to use a few hundred funds to steadily deploy spot and embrace Bitcoin and Ethereum.

However, he did not take my advice, but chose a full-position Soha contract to try to make a quick profit. In the previous rising market, he did make a lot of money, but the subsequent two waves of callbacks not only made him give back his profits, but also lost 50% of his principal. Now, he is almost in danger of liquidation, and the order has suffered serious losses.

He showed me his operation records, and he actually opened a leverage of more than 20 times with 200,000 U at a high of 70,800, trying to recover the loss in one fell swoop. I told him that the most important thing now is to keep the order, because it is entirely possible for Bitcoin to rise to 72,000. Fortunately, Bitcoin fell to 67,518 last night, just one step away from his liquidation point.

This experience is a profound lesson for him. I want to say to all my friends in the cryptocurrency circle that investment is not gambling, we should treat it with a rational and prudent attitude. Don't be dazzled by short-term profits, let alone take risks of borrowing or betting everything. Only by keeping calm and patient can we move forward steadily in this market full of opportunities and risks.

I have been in the cryptocurrency circle for many years and have in-depth insights into various issues. Pin it, there is a group of like-minded partners in the village, and the common goal is to work together to the peak of wealth. Remember, this is a marathon, not a 100-meter sprint. Only by investing steadily can you go further. #ENA #ordi​​​ #WIF $SOL $BTC