The Art of Stop-Loss in the Crypto World:
Three Types of People Who Must Stop Trading Immediately
Type A: Borrowing Speculators
The owner of a clothing factory in Zhejiang mortgaged his factory to borrow 2 million to speculate in crypto, and after the FTX collapse, he now finds himself working in Dongguan.
Remember: Never trade with survival funds, and never believe in the nonsense of a "final gamble."
Type B: Emotional Traders
A programmer in Beijing, after losing money for three consecutive days, opened a 100x contract at 3 AM to "take revenge," and was liquidated 15 minutes later.
Continuing to trade in this state is equivalent to slow suicide.
Type C: Prisoners of Information Echo Chambers
A finance blogger's fan group collectively invested heavily in a project "backed by an institution," only to find out that the project team absconded with the funds.
When you only listen to one side of a story from a certain circle, you're not far from being taken advantage of.
A rose given to others has lingering fragrance; thank you for liking, following, and sharing! Wishing you achieve financial freedom soon!
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