I just glanced at the market. $BETA tanked directly down 64% in the last 24 hours—its current price is almost zero. The trading volume is still 296K USDT. According to Binance’s real-time data, anyone who ran slowly in this drop has been buried in it. $PYR is down 57%, and $WTC and $PHB are about the same. Altcoins this time fell like dumplings.
To be honest, I’ve been buried too. Last year I chased a hot trend without setting a stop loss, and in one night my account dropped by half—that feeling is really awful. Later I learned my lesson: before entering, think in advance how much loss you can accept. Set your stop-loss orders directly—don’t “manually hold” it. The longer you hold it, the more you get carried away. Psychologically, it’s just one sentence: a stop loss isn’t admitting defeat; it’s saving your bullets.
Now I see $ACA and others are the same—when it drops, there’s no bottom. With volatility like $BETA , either don’t touch it, or use a small position size with a firm stop loss. Don’t try to talk emotions with the market—it doesn’t know you.
If you want to bottom-fish, check the order book for $BETA or $PYR. Don’t just look at the percentage drop and rush in. The above is only my personal opinion and does not constitute investment advice.
To be honest, I’ve been buried too. Last year I chased a hot trend without setting a stop loss, and in one night my account dropped by half—that feeling is really awful. Later I learned my lesson: before entering, think in advance how much loss you can accept. Set your stop-loss orders directly—don’t “manually hold” it. The longer you hold it, the more you get carried away. Psychologically, it’s just one sentence: a stop loss isn’t admitting defeat; it’s saving your bullets.
Now I see $ACA and others are the same—when it drops, there’s no bottom. With volatility like $BETA , either don’t touch it, or use a small position size with a firm stop loss. Don’t try to talk emotions with the market—it doesn’t know you.
If you want to bottom-fish, check the order book for $BETA or $PYR. Don’t just look at the percentage drop and rush in. The above is only my personal opinion and does not constitute investment advice.