Can people in the crypto world sleep?
The quality of sleep for people in the crypto world depends on three factors: position, leverage, and whether a stop-loss has been set.
First type: Fully invested in spot, zen holding.
These people can theoretically sleep, but only in a bull market.
Before sleeping with assets of 1 million, waking up to 1.2 million: sleeping soundly, dreaming of skyrocketing candlesticks.
Before sleeping with 1 million, waking up to 800,000: turning over, comforting themselves with 'value investing, long-term holding.'
Before sleeping with 1 million, waking up to 500,000: tossing and turning, starting to doubt life.
Before sleeping with 1 million, waking up to 100,000: direct insomnia, crazily refreshing Twitter for bad news.
Second type: Contract leverage, life-or-death speed.
Is 5x leverage considered conservative? The crypto world teaches you how to live.
Going long before sleeping, getting liquidated in the middle of the night—waking up to find the account at zero, unable to sleep again.
Going short before sleeping, waking up to a big bullish candle—cardiac arrest, instant wakefulness, blood pressure skyrocketing.
Setting a stop-loss, only to be precisely targeted—it's as if the exchange is watching your position, and after liquidation, it rebounds.
Third type: Playing with shitcoins, participating in ICOs, gambling on MEME coins.
These people have basically said goodbye to deep sleep because:
The project team runs away at 3 AM—waking up to find the Telegram group locked, and the token at zero.
The exchange suddenly delists—able to trade before sleeping, but unable to sell upon waking.
Price fluctuations are completely unpredictable—before closing their eyes, the price rises by 50%, but upon opening them, it drops by 90%.
Conclusion: Only two types of people in the crypto world can truly sleep.
Those who have been liquidated and are completely flat—since the money is gone, it’s better to sleep well.
Those who are entirely out of the market—price fluctuations are irrelevant to me, sleeping peacefully.
(So, can you sleep today?)
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