ARB Crash: 99% of People Lose Everything! After Two Years of Holding at 1.21U, I Finally Cut Losses and Exited!
#ARB
Seeing ARB drop to 0.35U, it's really hard to bear knowing that 99% of people are trapped. I held my spot at 1.21U for two years, and ended up cutting losses at 1.17U. If only I had decisively taken profits when it doubled at 2.4U, I wouldn't be feeling this bad now.
This market is so realistic; you think altcoins will recover, but what you end up with is your account balance dwindling. Even if it rises three to five times later, it won't fill the holes dug before. Those big players cash out at high points, while we small investors can only pick up chips on the floor, and if we're not careful, we get harvested.
Ultimately, there is no sympathy in investing. The root cause of ARB's crash is simply that the token unlocking was too severe, with the team and early investors dumping 2.6 billion tokens. Coupled with low market sentiment and poor liquidity, the price plummets by 12% at the slightest disturbance. Now, only 7% of profit holders remain, while 89% of people are losing money. This is not investing; it's clearly the chives being repeatedly harvested by the sickle.
Now that I think about it, if I had been as decisive as shorting MKR, I wouldn't have lost so much. I can only say that the risks of altcoins are really high; hoping for a rebound is not as good as exiting early. Don’t wait until you lose even your underwear.
#鲸鱼囤币 #稳定币淘金热
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