Today I saw someone saying they would stop after losing 100,000 USDT, hmm, what was that gambler's name, fittingly, I can only say they are truly wasting money.
Looking back at the market in the past few months, the previous month was all about finding the bottom, this month, in fact, it’s very simple to make money: buy when there's a significant drop, then when it goes up, check the leverage; if there’s a risk of falling back to the bottom, then sell the added positions and just keep the base position. In the past month, it has actually been the best stage for compounding operations with mainstream coins and altcoins and adding positions at the bottom because it has gone up multiple times and then returned to the original position or even lower. After a drop, just adding a stop loss can still allow it to rise back. What a great opportunity to accumulate chips! However, in just these one or two months, 90% of people are losing money, and the so-called signal providers are losing everyone’s money.
The reasons are very simple: two: 1. Pursuing short-term gains without grasping the overall direction for the medium to long term, playing too much is just gambling. 2. Going beyond one's means to leverage, incredibly flashy in favorable winds, but when the wind is against you, you return to square one, get liquidated, then invest money again, and then it’s another cycle.
I can only say, don’t get too carried away and squander opportunities like they’re worthless.