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胜利并非终点，失败也不是末日，唯有勇气才是永恒。
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The Essence of Trading
There are two core contradictions in trading. First, although predecessors have summarized countless experiences and lessons, even if we know these lessons, we must try step by step ourselves to truly comprehend the principles within. Relying solely on others' advice cannot lead to self-awareness. Second, learning to trade often requires experiencing significant losses to awaken oneself. However, after going through these losses, very few can persist and ultimately succeed. Many young people, like myself, have fewer opportunities for trial and error, and the cost of mistakes is high, often using the savings accumulated over several years after graduation to try. This poses a huge test for both the body and mind, as well as for the future.$BTC $ETH $BNB
Some are destined by fate, while others have not yet found their opportunity.
February 3, 2025, the sixth day of the Lunar New Year. The entire cryptocurrency market did not welcome the God of Wealth; instead, it faced the largest altcoin liquidation event in history. Within 24 hours, the total liquidation amount across the network reached at least 8 to 10 billion US dollars.
Since December 2024, in just under two months, most altcoins have already lost two-thirds of their value. This time, although I entered the market late and with 3x leverage, I still held on to the lucky belief that the 'altcoin season' would rebound. I watched my position continuously lose money, yet I did not stop losses as planned. Until 1 AM, I felt something was wrong; when I woke up, I found that altcoins were still crashing, and my account balance was continuously dropping. I hesitated for about an hour and finally, at 2 AM, I painfully cut my losses and switched to spot trading. At this point, my account balance had not just halved; it had directly dropped to my calf level.
Since December 2024, in just under two months, most altcoins have already lost two-thirds of their value. This time, although I entered the market late and with 3x leverage, I still held on to the lucky belief that the 'altcoin season' would rebound. I watched my position continuously lose money, yet I did not stop losses as planned. Until 1 AM, I felt something was wrong; when I woke up, I found that altcoins were still crashing, and my account balance was continuously dropping. I hesitated for about an hour and finally, at 2 AM, I painfully cut my losses and switched to spot trading. At this point, my account balance had not just halved; it had directly dropped to my calf level.
$ETH Currently, negative news about ETH is flying everywhere, and the exchange rate of $ETHBTC has reached the lowest point in recent years. From the perspective of the form, the K-line has reached the final stage of the convergence triangle, and the rise or fall will be revealed soon. I personally have a bullish view at present, because the general public believes that Ethereum is dead. Of course, the result will be revealed in the market.
$TRUMP suddenly thought of a possibility, the president issues currency to attract countless outside funds to come in and take over, similar to Musk's call for Dogecoin in 2021. These people don't even look at the token economics, only worried about buying too late. When the timing is right, the funds that bought in early will escape into other altcoins, leaving new investors trapped there looking bewildered, waiting as they watch other altcoins skyrocket, ultimately unable to resist selling at a loss to chase other high points of altcoins, the bull market ends.
$TRUMP Regarding Trump issuing coins, I vaguely feel uneasy. Some people might say, as long as it can make money, who cares how it’s done. Little do they know this is just survivor bias; how many memes open directly to zero, which is no different from gambling. He started as president, and other celebrities can also issue coins. The crypto world no longer needs to be built; we can just gamble. This will lead to many people leaving this circle in disappointment, while also taking away a lot of funds, leaving some people to play these so-called meme bets.
$BTC $ETH $BNB
#altcoins Is the copycat season coming?
It is not that it is not coming, but it is coming flexibly and strategically. It must come, but it must come with a rhythm and foresight. It is not coming casually, but it is coming after careful consideration, planning, and steps, and it is coming with sustainable strategic development.
#altcoins Is the copycat season coming?
It is not that it is not coming, but it is coming flexibly and strategically. It must come, but it must come with a rhythm and foresight. It is not coming casually, but it is coming after careful consideration, planning, and steps, and it is coming with sustainable strategic development.
$BTC $ETH I knew that the market risk was huge, but I still had a fluke mentality and held a low-multiple long order, and did not close the position according to the previous stop loss price. Black swans are really everywhere, especially the decline of altcoins is unpredictable. I am willing to bear the pain brought by this huge retracement.
$OSMO
$UTK
$PYR
I scanned the current available coins on An An that have no contracts, and I personally believe these three have a relatively high cost-performance ratio for buying. They are similar in nature to the previous SCRT and ACT, and there is a possibility of sudden price surges later. DYOR
$UTK
$PYR
I scanned the current available coins on An An that have no contracts, and I personally believe these three have a relatively high cost-performance ratio for buying. They are similar in nature to the previous SCRT and ACT, and there is a possibility of sudden price surges later. DYOR
[Random Thoughts] - What is courage?
Most people see others making money and think that they can easily make money by learning how others do it. They always want to accumulate wealth, but they dare not take risks. This is similar to people wanting to live forever. Now there is a bottle of potion in front of them. They must make a choice when they are in their happiest 20s. Drinking the potion has a 40% chance of longevity and a 60% chance of instant death. I think most people dare not take this risk. When they want to take this risk, they have already missed the opportunity. The so-called courage is not that you dare to do something, but that you dare to bear the worst result of this thing. A person sees others making money, impulsively invests his savings in the trading market, and opens a high leveraged stud. When the position explodes, he will be in tears, but the market will not pity them. When they enter the market, they think they have courage, and they are just impulsive devils with high leverage. If a person wants to change his fate and cross the class, courage is indispensable, not only in trading, but also in other things. $BTC $ETH $BNB
Most people see others making money and think that they can easily make money by learning how others do it. They always want to accumulate wealth, but they dare not take risks. This is similar to people wanting to live forever. Now there is a bottle of potion in front of them. They must make a choice when they are in their happiest 20s. Drinking the potion has a 40% chance of longevity and a 60% chance of instant death. I think most people dare not take this risk. When they want to take this risk, they have already missed the opportunity. The so-called courage is not that you dare to do something, but that you dare to bear the worst result of this thing. A person sees others making money, impulsively invests his savings in the trading market, and opens a high leveraged stud. When the position explodes, he will be in tears, but the market will not pity them. When they enter the market, they think they have courage, and they are just impulsive devils with high leverage. If a person wants to change his fate and cross the class, courage is indispensable, not only in trading, but also in other things. $BTC $ETH $BNB
【刻舟求剑】-Prediction of the bottom
Currently, many people believe that $BTC will pull back to $45,000 or even $40,000, and everyone will get on board at that time. This reminds me of the extremely bearish market sentiment in December 2022. After experiencing the situation in November when $BTC fell to $15,000, everyone agreed that $BTC would fall to around $10,000 before getting on board. But the reality is that the price of Bitcoin quickly rose, and $15,000 was gone forever. I vaguely feel that this time is very similar to that time. I firmly believe that it is near the bottom and I am firmly bullish. DYOR
Currently, many people believe that $BTC will pull back to $45,000 or even $40,000, and everyone will get on board at that time. This reminds me of the extremely bearish market sentiment in December 2022. After experiencing the situation in November when $BTC fell to $15,000, everyone agreed that $BTC would fall to around $10,000 before getting on board. But the reality is that the price of Bitcoin quickly rose, and $15,000 was gone forever. I vaguely feel that this time is very similar to that time. I firmly believe that it is near the bottom and I am firmly bullish. DYOR
【Guessing Mode】-Has $BTC reached the bottom?
差不多53000～54000
53%
还没到40000～50000
29%
远没到30000～40000
18%
114 votes • Voting closed
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