great writing for beginners like me . carry on brother🖤
听甜梦说
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In a bull market, there are often sharp declines. The needle just now should be the first one since this trend started that I remember, directly erasing 100 billion in market value from the entire cryptocurrency market and liquidating over 1 billion in positions.
It feels like the most hurt should be those who watched ETH soar but missed the boat, and finally, when it seemed like it was about to reach an all-time high, people who FOMO'd in with high leverage.
Takeaways: A surging market is like a seductive fairy; if you really can't resist FOMOing in, you must set a stop-loss.
Otherwise, it's like unprotected casual sex; you might be fine 99 times, but if you get caught once, you're done.
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