$BTC

Is the volatility of the cryptocurrency market really jaw-dropping?

1 The current employment situation of college students:

2 Girls work in the live broadcast industry,

3 When hungry, they order takeout;

4 Boys work in takeout delivery, and watch live broadcasts when tired.

5 The current situation of contemporary cryptocurrency investors: when they make a profit, they date a girl; when they lose money, they run to deliver takeout.

6 Take the classic LUNA as an example. You have 10,000 LUNA, which was worth 1 million U the night before, and only 700,000 U are left when you wake up. You say, I have been in this circle for so long, and with a mere 30% retracement, UST has only decoupled 10%,

I trust DoKwon, so I sleep peacefully again. However, when I woke up the next day, I found that the value had fallen to 10,000 U. At this time, you think, it has fallen by 99%, it should not fall any further, right? Buy the bottom now, once it rises back to 10U, isn’t it a tenfold return?

So, you spent all your money, raised another 200,000 U, and bought 200,000 LUNA. However, this time you can't sleep, and you keep an eye on the price, hoping that it will go back up.

But the market fell from 1 to 0.1, then to 0.000001, and finally it was even delisted. In just three days, your 1.2 million U assets shrunk to the cost of a breakfast. You completely collapsed. The cryptocurrency market is very different from the traditional financial market:

First, it is trading around the clock,

Second, there is no limit on the price increase or decrease,

Third, the entry threshold is low,

Fourth, the abuse of leverage is common,

Fifth, the altcoins fluctuate greatly. Especially the third, fourth, and fifth points, when added together, getting rich overnight and being blown up overnight are commonplace in the circle. Please use leverage with caution. You think the five-fold leverage

Or just buy some Warvin (7055) to make you worry-free

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