币圈519
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Currency story collection: Currency 519 incident, from skyrocketing to collapse
$BTC
After more than a year of continuous surge, Bitcoin has reached 65,000 dollars. All the bulls have made a lot of money. They are making a lot of money. There is an endless stream of people who have made dozens, hundreds, or even a thousand times.
All outsiders will try their best to rush into the circle, and your relatives and friends will also chase you to ask how to buy coins.
However, on May 18, 2021, the central bank and the three major financial industry associations suddenly issued an announcement on illegal financial activities in virtual currency trading services. This news sent the currency circle into turmoil.
The market looked relatively stable that day, and even rose slightly. However, by the afternoon of May 19, the price of Bitcoin had fallen by $4,000. I couldn't control my excitement and even started to buy the dips and go long. Because I had a meeting in the evening, in order to avoid liquidation, I used all my funds as margin. Since I had made a lot of money in the previous bull market, I was overconfident and thought that such a large margin would be absolutely no problem.
After more than a year of continuous surge, Bitcoin has reached 65,000 dollars. All the bulls have made a lot of money. They are making a lot of money. There is an endless stream of people who have made dozens, hundreds, or even a thousand times.
All outsiders will try their best to rush into the circle, and your relatives and friends will also chase you to ask how to buy coins.
However, on May 18, 2021, the central bank and the three major financial industry associations suddenly issued an announcement on illegal financial activities in virtual currency trading services. This news sent the currency circle into turmoil.
The market looked relatively stable that day, and even rose slightly. However, by the afternoon of May 19, the price of Bitcoin had fallen by $4,000. I couldn't control my excitement and even started to buy the dips and go long. Because I had a meeting in the evening, in order to avoid liquidation, I used all my funds as margin. Since I had made a lot of money in the previous bull market, I was overconfident and thought that such a large margin would be absolutely no problem.
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Looking back at the 2021 bull market episode of the last wave cycle--519 incident in the currency circle
In fact, Bitcoin has exceeded the historical high of $64,000 in April 2021. However, due to the emergence of black swans in domestic policies (Baidu search currency circle 519), another heavy blow to the currency circle caused Bitcoin to drop from 6.4 in May. It fell to $29,000, but later rose to an all-time high of $69,000. The collapse of 519 was an accident. Without this unexpected wave cycle, Bitcoin would have risen to US$69,000 smoothly. However, this accident also prevented most people in the currency circle from persisting and seeing the dawn after the darkness. The assets eventually returned. zero.
We never know which one will come first, tomorrow or the accident, but when the accident comes, when the black swan appears, will you still be able to survive smoothly? I hope everyone will be prepared for the worst when investing (for example, if Bitcoin falls to $20,000 again, we will survive).
Another thing is that the coins in the picture below were all bought by me in the last cycle. Bitcoin has been there for three years, and other coins are basically on the way to zero, so everyone must use a large position. Come to Bitcoin.
The most romantic thing I can think of is "let time accompany us to become rich slowly".
#BTC #币圈519
In fact, Bitcoin has exceeded the historical high of $64,000 in April 2021. However, due to the emergence of black swans in domestic policies (Baidu search currency circle 519), another heavy blow to the currency circle caused Bitcoin to drop from 6.4 in May. It fell to $29,000, but later rose to an all-time high of $69,000. The collapse of 519 was an accident. Without this unexpected wave cycle, Bitcoin would have risen to US$69,000 smoothly. However, this accident also prevented most people in the currency circle from persisting and seeing the dawn after the darkness. The assets eventually returned. zero.
We never know which one will come first, tomorrow or the accident, but when the accident comes, when the black swan appears, will you still be able to survive smoothly? I hope everyone will be prepared for the worst when investing (for example, if Bitcoin falls to $20,000 again, we will survive).
Another thing is that the coins in the picture below were all bought by me in the last cycle. Bitcoin has been there for three years, and other coins are basically on the way to zero, so everyone must use a large position. Come to Bitcoin.
The most romantic thing I can think of is "let time accompany us to become rich slowly".
#BTC #币圈519
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