I remember a blogger from Taiwan who opened a 100-fold long order when the price was over 50,000. When Bitcoin rose to over 70,000, he was full of energy, showing off everywhere, attracting traffic, and gave countless reasons to draw a conclusion that Bitcoin will break through to the beginning of 9 in a short time.

Later, the market fell all the way, and finally it couldn't bear it and closed near the cost price.

Although there was no loss, Thirteen wants to tell everyone that you should not think about getting rich in the currency circle.

For example, if my total position is 200,000 U, then it is no problem to take out 10,000 and open a high-multiple order at a low position.

For example, after each round of Bitcoin plunge, you buy the bottom and enter the market. This operation must be completed in the bear market.

Since March this year, although the market has been falling, it is difficult to find an excellent entry point, because this year is not a bear market at all.

Instead, it is in a shock wash period before the start of a bull market. During this period, it is very difficult to grasp the point of opening an order.

When Bitcoin fell to around 48,000, would you dare to open a high-multiple position?

Just as it was in that state, the market was in a state of panic, and it was very likely that it would continue to fall to the 45,000 range.

Would you dare to enter the market with a high multiple?

So before the market trend comes out, it is best for everyone to control their hands and not operate recklessly.

It doesn’t matter if I can’t make money in the currency circle. As long as I survive in this circle, I will be one of the few people who make money in the end.

If you bet all your hopes on the contract, the upcoming bull market has nothing to do with you.

The market fluctuations in this oscillation cycle can kill you countless times.