💥THE MARKET IS TOO CRUEL TO TRADERS! 🥺😂

Many altcoins just hit an all-time low today, then suddenly rebounded by 20-30%.

👉This is the reason I keep complaining that F0s and newbies should not rush into futures or margin because they are not familiar with the large fluctuations of crypto.

For example, the chart $ALT in the picture, if you short this afternoon, even if you use a small leverage of x3 x5, it will be enough to burn your entire account. As for me, I bought more spot at 0.08x and 0.07x USD.

🤔I also know quite a few people on the CK side who just tried to invest in coins at the beginning of the year. What shocked them at first was the volatility. Stocks only fluctuated a maximum of 7%, but with coins, there was absolutely no limit.

Some of you even commented in my post this morning that you had never seen Bitcoin drop so much in a day, but in fact, the BTC price today only dropped 15%, while altcoins dropped 30-35%, still not comparable to the black swan in March 2020, and the crash in May 2021, when BTC dropped over 30%, while altcoins split 3-5 times.

👉👉In short, if you are F0, start with the smallest capital possible, experience gradually and gradually increase your capital.

You can go to many places to study, consult many groups, but only when you lose your own money, you will learn your lesson!

Because after all, you have to lose money to become wise, lose a small amount of money first! 😂😂 #cafebit #AltLayer