Is the rise and fall in the cryptocurrency world really terrifying?

Let’s take the classic example of Luna.

You have 10,000 Luna, and while you were sleeping yesterday, it was worth 1 million USD, but when you woke up, it had dropped to 700,000 USD.

You think to yourself, having been in the crypto space for so long, a mere 30% retracement, and UST only depegged by 10%, so you continue to believe in DoKwon, and sleep soundly again.

The next day, you wake up and it’s down to 10,000 USD. At this point, you think it’s already dropped 99%, how much lower can it go? Now if I buy the dip and it rises to 10 USD, that would be a tenfold increase, which sounds great.

So you sell everything and gather 200,000 USD to buy 200,000 Luna. This time, you can’t sleep; you watch it constantly, hoping it goes back up, but you can only watch helplessly as the price drops from 1 to 0.1, all the way down to 0.000001, until it gets delisted. In the end, within three days, your asset worth 1.2 million USD shrinks down to the price of a breakfast, and you completely collapse 😂

Sharing that yesterday I set up a short position on $fartcoin, and I have already gained 12% space. The target and direction are right, earning USD is really as easy as drinking water 🤑

Waiting for the target price, let’s make some profits.