It's not scary to lose 90%, the key to turning around in the crypto world is 'to step on the brakes in time'‼️

There’s a story in the circle: last November, when a friend sought me out, she was almost on the verge of a breakdown—20 million in capital playing with leverage, first dropping to 7 million, then down to 3 million, almost pushed to the brink.

At that time, I immediately asked her to do two things:

First, withdraw 1 million and invest it in a platform coin that hadn’t launched yet; that was the safest choice at the time;

Second, move 30% of the profits from the remaining capital (almost exactly her initial principal) to lock it in.

During that time, I repeatedly told hundreds of people no less than ten times: Bitcoin has a high probability of rising to 100,000 US dollars in October 2023, and that platform coin which had been hovering at 50 US dollars would definitely outperform Bitcoin. But at that time, the market was crazy, and no one was willing to choose such a 'slow burn' asset.

Later, I didn’t ask her about her choices again, but I was clear in my heart: if she had listened to the advice and put 30% of the capital in, she could now retrieve over 3 million just from that part;

If she had completely stopped leveraging, the current capital should be around 7 million, and with the current market conditions, slowly operating would likely bring it back to 20 million.

In fact, in the crypto world, losing 70% or 80% is not considered a dead end. The market never lacks opportunities, whether bullish or bearish, there are always undervalued assets and clear trends.

What’s scary is when you lose and still stubbornly hold on, using wrong operations to fill the hole, eventually exhausting the only hope left.

Timely correction of direction, locking in risks first, even if it’s a little slow, is better than sinking deeper into the quagmire. This reasoning, I hope every friend who has lost money can understand.

Most people are trapped in a vicious cycle, not because of a lack of effort, but a lack of a guiding light. The market is always there, opportunities do not wait for anyone—follow Sister Bing to get ashore. #ETH走势分析 #美联储重启降息步伐