I opened another short position, and now I'm holding a 4000 point loss, it will go down further.
道长谈比特币
--
Today let's talk about why it's important to withdraw money when making profits in the crypto world and to invest in US stocks. Retail investors always go long, so the counterpart is naturally the exchange. Therefore, it is common for exchanges to short and harvest retail investors. After the peak of Bitcoin, one needs to be more cautious. It's essential to manage risks well. Exchanges lack regulation and can easily harvest retail investors. In contrast, US stocks are regulated and have market protection. In a bear market, they only see a halving. Bitcoin can drop by 80%. US stocks also have actual performance support. First and foremost, enjoy the massive monetary easing in the US. So, what does Bitcoin have? Faith? That's all!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.