黑天鵝危機即將發生

Is this the panic sentiment and boldness of the 5.19 black swan event in the cryptocurrency circle??

#5月市场关键事件 #黑天鵝危機即將發生 $ETH

$TRUMP&$SOL #川普 #黑天鵝危機即將發生
Rising $TRUMP means more $SOL can be redeemed
It evolved into $SOL becoming cheaper and cheaper until $TRUMP currency rose immeasurably and started to fall. At this time, the market sold off heavily and the amount of exchanges for $SOL increased. Then through the exchange of USDT, it may indirectly lead to a market collapse.

The most famous black swan in cryptocurrency history on 21.5.19!

Today is another 5.19, and many people are unaware of the famous black swan of 21.5.19. I will give a brief account of that unforgettable 5.19!

On May 19, 2021, it was the 'Black Wednesday' of the cryptocurrency world. That day, 18147693691 plummeted over 30%, and altcoins were bloodied in the streets. I personally lost over 3 million RMB that day, as my entire position in long trades went to zero!

Around 2 a.m. on May 19, the price of BTC started to plummet sharply from around 43,000. That day, the market was like it had been pressed with the 'nuclear bomb button', with BTC dropping to a low of 30,000 within 24 hours, a drop of over 30%;

97116212579 collapsed by 40%, falling from 3,400 to below 2,000; DOGE was even halved, down 45%. The total market capitalization of the entire cryptocurrency market evaporated by over 1 trillion dollars, leaving leveraged players in despair.

In fact, since May 12, when Musk announced that Tesla would pause accepting BTC payments due to 'environmental issues', BTC began to decline, and market sentiment had already become unstable.
Little did we expect, on the evening of May 18, the three major associations in the financial industry released a statement prohibiting financial institutions and payment agencies from engaging in cryptocurrency-related businesses, emphasizing that virtual currency 'is not real currency'. This news directly triggered panic selling in the Asian market.

That morning, Jinbao still remembers staring at the K-line as BTC slid from 40,000 to 35,000; the screen was all red, and the trading app crashed, leaving no chance to escape!
The market was completely a 'indiscriminate massacre'.

Data platforms and exchanges experienced outages, contract players were liquidated continuously, with global liquidation amounts exceeding 10 billion dollars. A leading exchange even saw BTC prices 3,000 dollars higher than other platforms, creating a 'spectacle', with market liquidity completely dried up.
Subsequent developments:
That day, Jinbao was also fully invested in long positions, primarily in BTC and ETH, with some altcoin spot holdings. Originally thinking that if BTC stabilized at 40,000, it could surge to 50,000, but the market taught me a lesson.
In the early hours of 5.19, BTC fell below 35,000, and my BTC long position was the first to get liquidated, with my account going to zero; ETH couldn't hold up either, and after liquidation, I still owed the platform several thousand dollars. Altcoins lost 60%. The total loss amounted to over 3 million RMB, essentially my entire savings!

$BTC $SOL $ETH
It’s hard to say... It should be cut or leveled. It's time to take a shower, sleep and have sex
Only keep what you can afford. Say no to yourself who sold your plane in 2017-2018.
There is no shame in admitting failure, and you should be responsible for your own decisions.
As long as there is capital balance, there is still a chance. The only thing to be afraid of is that you hold on to the end and often underestimate the lower limit of the market, thus avoiding turning yourself into a half-human for several hours.

#加密市场回调 #黑天鵝危機即將發生 #虧麻了