In the decentralized blockchain currency world, why is it so closely linked to the stock market? 😂
币姐交易日常
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The US stock market has plummeted, bringing down the cryptocurrency market once again. Many altcoins have dropped to zero and continue to fall. In light of this situation, let me recharge everyone's faith! Also, how to operate correctly to recover losses!
Many people are already in despair, wondering if recovering losses is hopeless. Holding onto spot trading has been continuously losing, while shorting contracts may be more profitable.
First, having position and cash flow in hand is very important. If you keep yourself too tense, you lose the ability to make rational decisions. When considering profits, it's also essential to think about the stop-loss line simultaneously.
Based on this, it is likely that now is the best time window for us to accumulate the most coins. As long as some altcoins are fine, have a strong consensus, and have already gone through a cycle of washing like ETH, SOL, DOGE, PEPE, TRUMP, etc., they are still worth accumulating.
Because similar to the last cycle, those DOGE coins and older coins like LINK, ATOM, etc., also went to zero at one stage but later rose at least 10 times from the bottom, some even dozens of times.
However, smaller market cap coins may not be the same; they might go to zero and then take a long time to recover 10 times.
What about those already zeroed small-cap coins?
First, rely on Bitcoin to pull back enough, and start accumulating Bitcoin. For example, this time I think starting to buy below 75,000 is reasonable.
BTC is a coin that can definitely double. If you want to double your investment, it's clear, from 70,000 to 150,000 is not a doubt.
As for altcoins? Each time you take action, you need to clearly understand the logic behind it, just target one phase.
Only operate when the market is clear; getting 1-2 hot coins is enough.
If you can't see the basis for taking action, definitely do not act. Don't let yourself be fully invested and trapped; it's crucial to keep some positions open.
Don't think that when the market drops, altcoins are completely without opportunity. Ordinary people are not suited for panic selling when things are about to collapse.
The financial market won't disappear. When you see a decline, wealth has not evaporated; it has merely shifted.
Some people have made money shorting, while others have lost by going long. The next time, those who go long may win, while those who short may blow up again.
Be sure before taking action; don't rush. Success in life is the result of making the right decisions many times, not just once!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.