The cryptocurrency market and traditional markets are fundamentally not on the same dimension.

Many newcomers do not understand why it is said that the cryptocurrency market can be 'terrifyingly volatile'.

Please take a look at these points:

24/7 without breaks: There is no pause button; missing a night's sleep can mean missing a lifetime.

No price limits: Unlike A-shares, which have a maximum limit of 10%, it's common here to see values cut in half in a single day.

Extremely low entry barriers: Anyone can dive in; just install the app and you're on the battlefield.

Leverage is rampant: Easily 10x or 20x; liquidation can happen with just a few candlesticks.

Altcoins have no bottom line: They can skyrocket a hundredfold overnight, only to plummet to zero, leaving you with nothing.

The scariest part is that these events often happen simultaneously: a project can crash, taking away the hard-earned money of tens of thousands. Leverage accelerates, leading to chain liquidations, and there’s no way to save yourself.

So I just want to remind you:

If you can avoid leverage, then don't use it; if you can avoid altcoins, then do so.

You may think that your 5x leverage is already stable,

But in the cryptocurrency market, there are fluctuations of 20% or 30% in a single day, and this happens a dozen times a year!

You're not necessarily making the wrong move; rather, you may never live to see the moment of recovery.

In the crypto world, it’s not about your ability to predict; it’s about the fear of dying before dawn.

Survive first, and then you’ll have the qualification to talk about 'bull markets and reaping rewards'.

Be cautious with every decision, especially the one you make before going to sleep.

For friends who are confused about trading, those wanting to recover losses, and those wanting to double their investments, follow Brother Knife's lead and plan ahead.