Have you experienced the LUNA crash tragedy?
Let's put it this way! If you had 10,000 LUNA, it was worth 1 million U yesterday, and before going to bed, you saw the price drop by 30%, leaving you with only 700,000. You comforted yourself: 'This is just a pullback, UST has only depegged by 10%, I believe in Do Kwon!' So you slept soundly. The next morning, you woke up to find your account had only 10,000 U left. You were shocked: 'Down 99%? It must be bottoming out now?' You even fantasized about buying the dip, thinking that a rise back to 10U would be tenfold, and you could turn things around. So you sold everything you had and invested another 200,000 U to buy 200,000 LUNA. You were too scared to sleep, watching the market all night, but you watched helplessly as the price went from 1→0.1→0.0001→0.000001… until it was finally delisted by major exchanges. 1.2 million in assets vanished in three days, leaving you with just enough for breakfast, and you completely broke down.
The cryptocurrency world and the traditional market are fundamentally different. Many newbies don’t understand why people say that the crypto market is 'terrifyingly volatile.' Look, the crypto market trades 24/7, with no pause button, and you could miss everything after just one night's sleep. Moreover, there are no limits on price changes; unlike A-shares, which have a maximum fluctuation of 10%, it’s common in crypto to see a price halved in a single day. The entry threshold is also particularly low; anyone can participate with just a mobile app. Leverage is everywhere, often reaching 10x or 20x, and just a few candlesticks can lead you to liquidation.
So let me remind you: if you can avoid leverage, do so; if you can avoid altcoins, stay away. You might think that 5x leverage is stable, but in the crypto world, there are days with 20% or 30% fluctuations happening often throughout the year—sometimes several times! It’s not that you got the direction wrong; it’s just that you might not survive until the day of reversal. In the crypto market, it’s not that you can’t make accurate predictions, but you fear collapsing just before dawn. Survive, and you’ll have a chance to make money in a bull market. Be cautious with decisions, especially with trades made before going to sleep.
Let me share with you a potential gem: the golden dog Conan (ending in BQt). It is the only dogecoin associated with the Trump concept, and Trump personally awarded Conan for his heroic deeds, calling him the strongest dog on Earth. There is a strong community behind it that continues to build support, with high consensus, and they persist in rescuing stray dogs. If you're interested, you can learn more about it! 进来聊聊天 币安王牌KOL交流群，点击加入！
