In the past 24 hours, the leveraged liquidation of ETH was very bad, and BTC ranked second. The data showed that more than 200,000 people were liquidated, and the amount of liquidation was more than 800 million US dollars. In fact, as an old investor, I have become accustomed to such fluctuations in this market. There will always be a few times in a bull and bear market, and this is not a black swan.
But since you have come to this market, you should know the situation that will occur under extreme market conditions in this market, so as to respond and always be prepared for the worst.
The three most important things that Mr. Buffett said:
First, keep the principal
Second, keep the principal
Third, the special one is still to keep the principal
Therefore, it is recommended that everyone be more familiar with the fluctuation rules of this market, either leave completely or continue to live, as long as you can survive, when the accumulation is enough, there is always a possibility of a wave of explosion...
